Personal Finance

Instability in compensation and the massive move of physicians from private practice to employed models could be indicators of trouble ahead for physician compensation.

Without the proper tax planning strategies in place, a physician could face some costly and unwanted surprises.

With the election around the corner the country may be in for some significant legal and political changes that can affect physician’s assets.

Three predictable and recurring legal and financial risks physicians face when holding informal jointly-owned with extended family.

The basics of a diversified asset protection plan.

Maximize your ability to thrive as a professional.

High incomes do not guarantee smart money management.

Understanding FDIC insurance. 

Avoid these common risks to make your year more predictable and secure.

The truth is many physicians begin their careers at a financial disadvantage.

Divorce mistakes can adversely affect the physician and his or her medical practice

Tips for physicians to reduce their tax liability and improve their lifetime income stream

Five questions to ask yourself as you plan for retirement.

Even if retirement is a few years down the road, it’s important to work with a financial adviser to discuss where you want to go, what you want to do and how much money you need to make those plans a reality.

Physicians need to manage personal risk and family legal planning issues as summer comes to a close.

Limited liability companies are a tool that physicians can use to minimize their risk, but only if used appropriately.

Physicians could lose money or other assets if they follow this insurance and liability advice from the so-called experts.

If you're getting paid in work RVUS, then you need to understand what you’re being paid for and how to calculate your compensation.

Common errors physicians make when it comes to protecting their wealth and managing their risks.

Consider how you appear to a bank by reviewing your cash, credit, and character before applying for a loan.

Sorting your paperwork into four categories will ensure that whatever you need will be readily and easily accessible.

Consider the following types of assets when determining your own defensive needs and exactly what you have to lose if you don’t act.

For many, retirement will be a long process of gradually winding down work hours and responsibilities rather than a firm date.

Successful doctors face a wide variety of risks outside their practice walls. These are some common recurring seasonal legal and financial risks you can manage before spring break.

This year more than ever, a sound financial move would be to sort through the new tax changes carefully to determine exactly how they will impact you and identify smart moves for 2019 and beyond.

February 14 marks the beginning of the end for the “proposal season,” meaning that many newly-engaged couples are planning for weddings, honeymoons, and, if they’re prudent, prenuptial agreements.

Travel dreams to exotic locales shouldn’t be reserved for the retired. Instead of putting off travel until retirement, splurge on some exciting trips now-while you have the interest, energy, and stamina to enjoy every single moment.

One of the most powerful and predictable layers of defense every physician must implement is a complete liability insurance program.

With the start of a new year, most of us begin making plans in all aspects of our lives for the year ahead-and beyond. Here is a helpful list of actions you can take now that will cultivate a more fruitful 2019.

Physician practice owners should start 2019 by managing these basic risks now.