Personal Finance

My advice for very successful doctors who are thinking about investing in real estate: Your profession is medicine, not real estate.

Here are some specific dos and don'ts when it comes to physicians using limited partnerships in a legally defensible way.

There are three lessons all physicians can learn from a story a doctor’s wife recently shared regarding a life-changing incident.

Here are some simple tips and rules for physicians to use your limited partnership in a legal and defensible way.

Here's how to figure out which payback plan will work for you

How to make sure the right person is handling your money

Parents, siblings, and older children failing to plan for their own financial future can impact your own wealth as a physician.

Creating a personal financial plan means making sure your spending is sustainable over the long term

Most physicians and others in healthcare are familiar with living wills and healthcare power of attorney provisions, but neglect these aspects of their own estate planning.

Vacation homes are still a buyer's market. But should you take the plunge?

Do you know what a good accountant should be doing for you and your practice? If you don't, you could be losing money and opportunity. Here's how to make sure everything adds up when it comes to your financial counsel.

Times are tight. While you are looking for cost efficiencies at the office, you can tighten the belt at home, too. Here are seven tricks to make your money go further.

You've landed a full-time job, so is the next step buying a house? The market may seem right, but watch out for these potential pitfalls before making the decision to buy.

Physicians have long been worried about protecting themselves from malpractice claims. But, now the uncertainty of healthcare reform promises to muddy the financial waters. What to do?

It may sound like a great idea, but there are lots of financial questions to consider first. Do your homework on cashing in before you cash out.

Planning for retirement can be tricky, and it’s definitely something you want to get right. Check out these potential pitfalls and how to avoid them.

Charitable efforts in your office

Get your adult children’s hands out of your wallet.

Unfortunately, physicians are not immune to the growing threat of identity theft and data breaches. Check out our guide to keeping your personal information secure.

Everyone wants a trustworthy financial planner, but how to find one? Here’s your guide to asking the right questions.

How to choose the right fund that will secure your retirement.

Here’s how practice administrators can help prepare your practice’s defense against a liability claim.

Are you prepared for a personal financial emergency? Theories abound on how big your back-up stash should be. Here’s how much you should be putting away at each stage of your career.

Are exotic investment vehicles right for you? Here’s the scoop on what to watch for as you consider unconventional ways to invest your money.

Don’t give the government more of your hard-earned cash than you have to. With tax-filing season upon us, check out our tips for understanding tax laws and avoiding common mistakes.

Evaluating a partnership offer has been complicated by the recession. Is ownership still worth it?

With prices low, it may seem like a great time to buy your office space. Be wary; the advantages to ownership, while real, are balanced with disadvantages and risk. Make sure your eyes are open.

The biggest blunders of affluent investors - and how to avoid them.

Ah, those advice-seeking loved ones: You gotta love ’em, but they can be a major a nuisance - and even a legal risk. Here’s how to draw the line and still get invited for dinner.