April 9th 2024
Don't wait! Make sure your wealth is protected.
January 23rd 2024
With tax-day right around the corner we take a final look at scams, mistakes and seasonal risks to avoid while you still can.
August 21st 2023
Your weekly dose of wisdom from the Physicians Practice experts.
July 25th 2023
A look at the personal legal and financial risks of household employees like nannies, housekeepers, gardeners, and babysitters.
May 8th 2023
Doctors May Get Defrauded by Tax Planning Sales Tactics
Physicians, be wary of various tax planning and life insurance sales tactics this time of year. Don't get defrauded.
The Inbox: Asset Protection in Volatile Times
In our recurring blog "Inbox" we share comments from physicians and practice administrators telling us what keeps them awake at night.
Recent Headlines Show Why Doctors Need Asset Protection
Asset protection shouldn't just be limited to malpractice. Here's why you need to looking beyond just that one area.
Why Will the Federal Reserve Increase Interest Rates?
What would it mean physicians if the Fed raises interest rates again? Here is a guide that breaks down the scenario.
Physician Asset Protection in an Uncertain Economy
The economy is an uncertain state. Physicians would be wise to take proactive measures to protect their assets in case of another recession.
Asset Protection Risk Factors for Docs Include Economy
Among the many risks physicians must proactively protect themselves against is the economy itself.
How Physicians can 'Mis-Invest' Their Money
There are a lot of common sense facts about investing money, but despite this reality, physicians can still screw up and hurt personal finances.
Financial and Personal Safety Tips for Docs on Summer Vaca
As physicians and their families get ready to enjoy summer, a few basic safety tips will help keep you, your property and your assets safe.
Risks in Retirement for Physicians
What should physicians be wary of when looking at their investment portfolio in retirement? Here are a few possible trouble spots.
To Protect Assets, Docs Must Know Legal Risk Factors
What are some of the risk factors doctors face, both personal and professional, to protect their assets? Here are some potential ones.
Is There a Smarter Way for Docs to Buy Index Funds?
What do physicians have to know about buying index funds? Here is a look into this type of financial investment.
Physician Goals for Work-Life Balance
Physicians often don't take the time to be mindfully present at home with their families. To do so, it takes the same amount of planning that work does.
Important Lesson for Doctors in #PanamaPapers Fiasco
Mixing secrecy, bad tax advice, and the wrong jurisdictions may prove financially fatal for American doctors who misuse offshore tools for tax evasion.
Six Key Areas for Successful Physician Partnerships
Physician partnerships require much pre-planning in order for them to be successful. Here are six areas that must be considered.
Physicians, Avoid Alternative Investments
Are you interested in putting money into alternative investments? Stay away, warns physician financial planner, Steven Podnos.
The Single Biggest Asset Protection Mistake Doctors Make
Physicians have many sources of exposure that require proactive risk management and asset protection planning. Remember, never act too late.
Understanding Hospital Buyouts of Physician Practices
In part one of a two-part series, Steven Podnos talks about hospitals buying out physician practices while weighing the positives and negatives.
Asset Protection Issues for Docs Include Credit Fraud
Physicians have to ensure they are not falling victim to two common types of financial fraud related to their credit.
Planning for an Inheritance as a Doctor
Physicians have important considerations when planning for an inheritance from an elderly parent. Here are a few.
Should I Take Social Security Early?
If you are weighing whether or not to take Social Security early or wait it out, here are a few considerations that you should have.
Keep Tabs on Legal Shifts Affecting Your 401k Plans
Practices must stay abreast of legal changes affecting 401(k) plans to ensure they don’t face legal action for not properly monitoring them.
Select the Right Financial Adviser
Finding the right professional to guide your financial future can be tricky. Make it easier with these tips.
Financial Advisers for Physicians: Select the Right Fit
Not all financial advisers are created the same. Make sure to do your due diligence before you commit to a working relationship.
Financial New Year Resolutions for Doctors
Don’t bring bad habits into 2016. In the New Year, identify the risks and solutions needed to make your practice financially better off.
Investments Can’t Be Treated Like Patients
You can check on patients and correct errors by regularly looking at their data, but you can’t do the same with investments.
Investment Strategies in Retirement for Physicians
How can you make sure your money keeps working for you in retirement? Here are some strategies for investment in the latter years of your life.
Getting Parents the Right Health Insurance
Here are some tips to effectively help your elderly parents with their finances, including getting them the right health insurance.
How Practices Can Reduce Taxes
How can you reduce taxes if you run a practice? Funding a retirement plan with pretax dollars, an HSA, and more can get you started
Financial Scams Target Medical Practices at Year End
Practice owners should be leery of potential financial fraud, which seems to peak at the end of the year. Here are some things to look out for.
Physicians Must Realign Compensation with Value
Value-based reimbursement isn't the future for physicians; it's here. It's time to tie quality outcomes to compensation.