Did you know 1 in 3 physicians are named in a lawsuit over the course of their career? Are you worried that you could lose everything?
Medicine, dentistry, and other high-income professions are immensely rewarding, but they carry legal risks that few Americans face. No doctor ever wants to harm a patient or anyone else, but many lie awake at night worried that one mistake could cause them to lose everything they have worked for decades to achieve.
Advisors, agents, and attorneys often exploit this fear, pushing unnecessary services, policies or trusts that are expensive, and they may not even work as intended. Dr. Jim Dahle, a practicing emergency physician and founder of The White Coat Investor, wrote The White Coat Investor’s Guide to Asset Protection to give you the clarity you need without the scare tactics.
This book will help you to put an effective asset protection plan into place and finally stop worrying about losing it all. Then you will be able to put your focus back where it should be—on your patients and doing what is right for them.
Buy BookThis isn’t a book for those who are at the beginning of their investing career or for those don’t have much money. You should read the other WCI books first, and then come back to this one in a few years once you have accumulated some assets. If you’re a mid- to late-career doctor or another kind of high-income earner who already has some wealth and wants to protect it, pick up a copy of this book.
“This book takes the appropriate defense-in-depth approach to asset protection planning; I would heartily recommend it to any physician.” – Jay Adkisson, Esq, Author of Asset Protection
“I just finished your new book recently. It really is quite fantastic. I say this from the perspective of a litigator—and not a doctor. I found the information that you provided to be equally applicable and solid for lawyers. I also ran much of what you said by my asset protection lawyer. He also just bought the book! Neither of us found any fault in the advice. All of it was rock solid and extremely well organized.” – Attorney
“This is the book you need to help you sleep at night if you are a high net worth individual (or on your way). Straightforward and simple advice with no agenda whatsoever. If your situation is complex, no problem, you have all the breadcrumbs you need to meet with an asset planning attorney and ask the right questions. But, for the 99.9% of folks with a net worth below $5,000,000, this is all you need.” – Attorney
“He takes the complicated and nuanced topic of asset protection and gives you a plain English analysis of the topic.” – Reader
“By far this is the best book I've read on asset protection for physicians! Simple, straightforward, practical, and easy to read. Dr. Dahle makes this somewhat complicated topic very easy to understand. Easy to apply the principles and topics in this book to real life.” – A. Stevens
James M. Dahle, MD, FACEP, FAAEM is a practicing emergency physician and the founder of The White Coat Investor, now the most widely read, physician-specific personal finance and investing website in the world. He became interested in personal finance and investing after becoming disillusioned with the way he was treated by several unscrupulous financial professionals and in an effort to help his fellow physicians and other high-income professionals avoid the same errors, started The White Coat Investor website in 2011.
Dr. Dahle is now a best-selling author of four books and host of two weekly podcasts and an annual CME-eligible Physician Wellness & Financial Literacy Conference.
He is convinced that increasing the financial security of doctors enables them to be better partners, parents, and doctors along with reducing burnout, decreasing suicide risk, and improving patient care. The principles he teaches are neither complicated nor risky, but the process of becoming wealthy as a physician is by no means automatic.