[Editor's Note: This is part 2 of a two-part guest post about what to do when you lose your spouse, at least from a financial perspective. If you missed part 1, go back and read it first. The anonymou...
[Editor's Note: This is a guest post submitted by a regular reader, a physician who wishes to remain anonymous. Although it doesn't apply to me, and hopefully won't for a long time, I did pick up a fe...
I was recently sent two review copies of Can You Trust Your Trust? by Seymour Goldberg, CPA, MBA, JD. I've reviewed a trust book on the blog once before, Living Trusts for Everyone, and so was expecti...
Retire Secure, by CPA/JD James Lange, is the best financial book I have read in the last year. I recommend you buy it and read it. However, it is not the first financial book you should read. But afte...
[Editor's Note: This is a guest post from Glenn Frank, CPA/PFS, MS (Taxation) who has submitted a guest post previously and has previously purchased advertising on The White Coat Investor. He owns Fra...
[My October submission to Physicians Money Digest is all about Qualified Personal Residence Trusts (QPRT). Most of you won't need one of these, but some of you might find it useful, especially if you...
By Dr. James M. Dahle, WCI Founder The vast majority of good information out there about FLPs is written by those who are paid to create them (asset protection and estate planning attorneys) so as you...
Families working together across the generations can be a true wealth-producing machine -- far more powerful than any other personal finance concept.
Sometimes, smart people simply aren't aware of the financial issues they need to take care of. New physicians either need to do their own financial planning, or pay someone else to assist them with i...
Let's say you've done very well for yourself and you're going to have an estate tax problem. Your estate will be more than $5.34 Million ($10.68 Million if married) when you die so you'll have to pay...
A physician asks what legal steps she should take prior to marriage.
It's straightforward to get out of an investment in stocks but not so easy or straightforward when it comes to real estate. If you own real estate and REALLY need to get out, here are 7 ways to make it happen.
[Editor's Note: This is a guest post I'm really excited about. Andy Walker, MD, FAAEM is a recently retired emergency physician. Like many of the best guest posts on this site, I solicited this one...
My last post discussed how I recently made partner and how this has given me additional income, expenses, risk, and personal financial complexity. In this post, we'll discuss the ways becoming a part...
This post gives you ten steps that, if followed, will guarantee financial success and independence.