Practice Finance

In a stomach-churning financial climate like this one, it's wise to take a bland approach to your financial diet.

We recently tried to get bank financing for a new practice startup and were required to sign personal guarantees and pay substantial fees. Is this common?

I am 77 and have been retired 25 years. I have $1.5 million in my IRA, and I take out $4,500 a month for living expenses. Would it be wise to convert my IRA to a Roth IRA?

I'm considering an investment in convertible bonds. What are the risk-reward tradeoffs associated with these bonds?

In these difficult economic times, is it wise to have some resources located in a bank account outside of the United States?

Despite the recent struggles of the stock market d, investors with years to go until retirement should not shy away from equities, a financial planner advises.

Can I alter the frequency of when to remit money that is withheld from our employees' paychecks for the company 401(k) plan?

My lease recently expired, and I intend to move, but my landlord said that the lease automatically renewed for an additional year. He mentioned an "evergreen provision." What does this mean?

I recently purchased a medical practice by buying stock from the retiring doctor. My accountant told me that I am not able to take a tax deduction for my down payment or subsequent payments to the bank. Why?

My attorney suggested that I consider a "dynasty trust" to pass $2 million on to my heirs. What is a dynasty trust?

Only about 61 percent of Americans nearing traditional retirement age believe they will have enough funds saved by the time they end their career.

From practical to whimsical, there's something for everyone this holiday season.

I have been awarded a grant designed to recruit new physicians to underserved areas in my state. Is this money subject to taxes?

I'm planning to retire soon and obviously want to avoid common financial mistakes that many retirees or soon-to-be retirees make. What are some common retirement-related missteps?

I travel every few months for conferences and other professional development gatherings. Do you have any tips that could help me stretch my travel dollars?

I've read a lot about how home heating costs will be much higher this winter than in past years. Is there anything I can do before winter sets in to keep costs down?

Following a planned strategy will maximize the return you receive in the years ahead.

Estimated costs are in for the mandated upgrade to the International Classification of Diseases, Tenth Revision.

Medical Economics' 150 Best Financial Advisers for Doctors share quick tips for weathering today's economic turmoil.

Is it true that life insurance is not subject to estate taxes?

My grandfather recently died, and I received $300,000 from his retirement plan. I know his estate is required to pay tax on the proceeds, but must I pay income tax when I take money out of the plan?

A California attorney recently explained how I could place my house into a trust to avoid the risk of losing it to a future malpractice creditor. Is there any downside to doing this?

You may not need a planner - but you do need a plan.

Rockford, Illinois-based Savant Capital Management has hired Brian Knabe, MD, as a financial adviser.

Right about now, wealth management feels a lot more like damage control.

A friend has suggested that I create a living will. How do I get started?

When I approach age 60, should I stop putting money in my Keogh?

I need a quick source of cash. Is it possible to tap funds from my individual retirement account, assuming I plan to repay the account?

I live in an area with a lot of foreclosed homes. It seems like a good investment to buy some of these homes and turn them around for profit once the housing market takes off again. How do I get started?