When you accumulate significant wealth, as many in medical professions do, it is important to set up your estate so it can pass to family without complicated court proceedings or excessive estate taxes. Not having an estate plan can cost you as much as 45% of your accumulated wealth.

 

Physician Advisors Estate Planning services help you organize a solid personal financial statement and provide forecasts of your current and future tax liabilities. Then, we provide a comprehensive list of options to consider to help you avoid these taxes and unnecessary probate fees, while making it more likely that your assets end up where you want them to go.

 

Our objective is to provide you the management information and financial analysis necessary for you to become thoroughly educated about your options. We want to empower you to make the best estate decisions possible. Particular attention is given to preventing Uncle Sam from extracting huge sums of money from your estate.

 

This service does not provide legal counsel. However, it does provide most of the analysis needed for your legal counsel’s review, so they can prepare the legal documents. If you do not have legal counsel, we can provide introductions to the legal teams we use for our clients. For more information, contact Physician Advisors today. 

Going beyond the avoidance of estate taxes and probate, you may also need to develop a family legacy plan or a charitable giving strategy. We help you process the issues that surround such decisions as: how much is enough for my heirs to inherit, and when do I consider the creation of a charitable trust or family foundation?

 

We help you determine the best course of action for you and your heirs. Analytical reports are provided to help you understand the financial impact of each concept. Contact Us

For other resources, go to physician contract review and negotiation.

One of the most important ways to preserve the wealth you have worked so hard to accumulate is to protect your assets from creditors and other liabilities in today's marketplace. If you can foresee future events that will create large tax bills, it’s critical to pay attention to certain details today, such as where to live and how to structure ownership of assets.

 

The Physician Advisors Asset Protection Planning program explores all possible options for preserving your wealth. We study the current tax environments for residency in various states, use trust arrangements to provide asset protection in different state jurisdictions, and insulate your assets from potential liability suits or creditors with ownership transfers. Set aside a little time today to talk with Physician Advisors about protecting your future. Contact Us

For other resources, go to physician contract review and negotiation.