Physician Estate Planning
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.
Any tax advice contained herein is of a general nature and is not intended for public dissemination. Further, you should seek specific tax advice from your tax professional before pursuing any idea contemplated herein. This advice is being provided solely as an incidental service to our business.
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