3 Personal Asset Protection Tools for Physicians
January 12th 2017Some physicians make the mistake of assuming that by setting up a corporation, they are adequately shielding their personal assets from claims. Yet, as claims sometimes “pierce the corporate veil†to seize personal assets, as lawyers say, this tends to be fallacious logic.
Disability Insurance: How Does One Factor Underwriting, Limitations, or Exclusions?
December 29th 2016With disability insurance, insurance companies evaluate the risk an applicant presents and determines exclusions, limitations, restrictions or modification of benefits based on preexisting medical history or lifestyle.
How to Defeat Wishful Thinking
December 29th 2016Tell me if you know a fellow physician who has $300,000 in student loans, $20,000 owed on a car, $5,000 owed on credit cards, yet they always have the solution – “I’ll pay it all off when I get paid the ‘real’ money.†Let's talk about wishful thinking.
How To Have a Comfortable Retirement
December 28th 2016During the last several years the AMA has conducted multiple studies on the financial preparedness of US physicians, which revealed the top financial concern for all US physicians is providing a comfortable retirement for themselves and spouse or partner.