Can You Trust Your Trust? A Review
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...
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.
If you haven't read the first four parts of this series, I suggest you go there first: Part 1: Sequence of Returns Risk, Inflation Risk, and the Safe Withdrawal Rate Part 2: Getting income from your v...
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...
I was on the Social Security website the other day. I highly recommend you spend a little bit of time there. You have to make a log-in to see your personalized information, but you'll eventually nee...
In part 1 of this series, I discussed investing and tax issues and how they are different for a "high-income" doctor ($500K-$2M per year) versus a typical doctor ($150K-$400K per year.) In part 2, Mi...
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.
Q. I'd like to read your opinion regarding "second to die" (survivorship) life insurance. A. This question was a little tricky to answer, since no context was given to the question. Survivorship Life...
[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...