Being a family physician is much like planting trees, hoping you’ll see them mature one day. So much of what I do is for some type of future gain for my patients.
I spent the weekend visiting my best friend on her 20-acre property. She and her husband plan to pass the property down to their children. Needless to say, they are investing a lot of time, energy, and money into their home.
While I was visiting, she was planning some baby persimmon trees measuring about four feet high. I could see them in my mind’s eye someday as larger, mature trees offering both shade and sweet fruit. Fortunately, I plan to see those mature trees in person one day, perhaps during a visit a decade or two in the future.
Being a family physician is like planting those trees, hoping you’ll see them mature one day. So much of what I do is for some type of future gain for my patients.
“Get the flu shot so you stay out of the hospital this winter,” I advise a patient with COPD.
“It’s really important to take this ace-inhibitor,” I tell my patient with newly diagnosed diabetes, “so that your kidneys stay healthy.”
I think my investment is more personally important because just like my friend’s fruit trees, I plan to see the end result.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.