1040 Broad Street, 2nd Floor,
As a physician, you should be justifiably proud of yourself. After years of debt, apprenticeship, and little sleep, your sacrifices are paying off: 95 percent of the 700,000 to 1,000,000 U.S. physicians and surgeons earn over $250,000 a year1.
Yet with these rewards come some hard realities. You may earn a lot, but you also are forced to pay more in taxes, receive little or no financial aid for your children’s college educations, and have fewer years for your retirement money to compound. In addition, you may still be paying off student loans that average $100,000 to $135,000.
Our specialists work closely with physicians, dentists, and other PC companies, especially ones who run their own practices. Together, we can address:
Asset protection: 4 in 10 physicians are sued for malpractice sometime during their working lives1. From large insurance umbrella liability policies* to trust creation, we can help protect you from litigants and creditors.
Insurance planning: The most important asset you have is your potential earning power. We can help you protect that power with long-term disability, long-term care, and life insurance.
Tax strategies: Careful strategies planning can help you maximize wealth and keep more of what’s rightfully yours.**
Retirement planning: It’s important to bulk up savings and to pay down student loan debt to create a solid retirement.
We can work with you to help you create and preserve wealth with asset protection, retirement planning and insurance.
1Christopher R. Jarvis, MBA, David B. Mandell, JD, MBA, Jason M. O'Dell, CWM. For Doctors Only. A Guide to Working Less & Building More. Abrams, Fensterman, Fensterman, Eisman, Greenberg, Formato & Einiger, LLP. (Archived Article)