Domestic Asset Protection Trusts as a Tool for Liability Protection
Those with high incomes and a large net worth could benefit from a Domestic Asset Protection Trust (DAPT). Here's what to know.
In broad strokes, asset protection includes tax saving, estate planning, and even investment strategies, and it will help preserve your nest egg in case of a malpractice suit.
Those with high incomes and a large net worth could benefit from a Domestic Asset Protection Trust (DAPT). Here's what to know.
Every doctor needs an asset protection plan. The best are simple, inexpensive, and highly effective at protecting you from financial loss.
In my state, the government has really done doctors a solid, amending malpractice laws so they are less likely to lose personal assets.
The risk of being sued is the elephant in the room during every clinical encounter with patients. Here's what to do if it happens.
Find out what medical malpractice is, how to avoid litigation, and how much insurance to buy to protect your personal assets.
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There's concern among physicians about medical malpractice claim severity and inflated verdicts. Is social inflation to blame?
Answering listener questions about asset protection, 529 accounts and how to use them, and the SAVE plan and how it's an extremely generous governmental program available to docs.
A taxable account can be more of a not-so-taxable account. In fact, with the right conditions, it can be almost as good and possibly better than a Roth IRA.
Answering all kinds of reader questions, including queries about structured notes, asset protection, I Bonds, cash balance funds, and fees for different investments.
Malpractice lawsuits can have bad outcomes for doctors and patients. In some states, patient compensation funds can be beneficial for both.
Answering reader questions about what to do when a real estate investment goes bad, how to use asset protection for your property or properties, and how to get a home office tax deduction.
If a bank fails, there is a way for you to keep your money safe and to get some of it back. That's where FDIC, NCUA, and SIPC come into play.
Before buying any permanent life insurance policy, be sure you understand if you're one of the rare doctors for whom it actually makes sense.
An enlightening interview with a doctor who went through a malpractice lawsuit. We talk about how to prepare for a trial and how hiring a personal attorney to go with the hordes of other involved lawyers was key.
Medical school may not have taught you about money, but we will.
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