Physician Disability Income Insurance A patient who cannot imagine becoming truly sick cannot commit to preventative measures. Unfortunately, the very same lack of imagination is all too common in the financial arena as well—and can affect even the most prudent investors. Have you, for example, … [Read more...]
Four Important Estate Planning Documents for Physicians
Four Estate Planning Documents that a Physician Needs Katherine Dorval, an attorney at Bowditch & Dewey gives a great reminder that many people (especially physicians in my opinion), think they don’t need “estate planning” because they don’t have enough assets to generate an estate tax; … [Read more...]
Can a Physician Disability Claim be Denied? You Bet!
Physician Disability Claim Physicians can and do become disabled. It’s why all providers, physicians or not, should acquire and maintain long term disability coverage. According to insurance professionals I have talked to, Disability Income Insurance claims have increased dramatically over the last … [Read more...]
Physician Gut Check: Are you Lagging in Retirement Savings?
The status of your retirement savings People, especially my physician clients, put off a retirement savings plan for a number of reasons. For many, retirement appears far enough away to not make it an immediate priority. Others don't think they are earning enough money to save for retirement. Some … [Read more...]
Important Fraud Reminders During the COVID-19 Crisis
Fraudsters are taking advantage of these uncertain times caused by COVID-19 by impersonating the CDC, SBA, IRS and other government and healthcare organizations. Whether you’re running a business or managing your personal finances, it is important to stay alert. Here are some helpful reminders you … [Read more...]
7 Financial Planning Issues New Physicians Must Grapple With – From the White Coast Investor
Sometimes, smart people simply aren’t aware of the financial issues they need to take care of. New physicians either need to do their own financial planning, or pay someone else to assist them with it. Doing it yourself will require the acquisition of a new body of knowledge and the … [Read more...]