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Estate Planning For Physicians| MDcpas

Estate Planning For Physicians is especially important because it does more than distribute assets after death. It can be also considered asset protection. An estate planning attorney helps physicians, dentists, and other medical professionals protect their assets and their legacies. As a result, their heirs will receive the entire value of their estate, and their medical practice will continue to run efficiently. For acquiring more information on estate planning for physicians, get in touch with our experts today.<br>

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Estate Planning For Physicians| MDcpas

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  1. ESTATE PLANNING FOR PHYSICIANS Estate planning for physicians is especially important because their income and net worth are often higher than the general population's. When drafting an estate plan, physicians should consider all of their assets, including real estate, investments, and business interests. If the physician owns their practice, the estate plan should be augmented with a business succession plan. The will’s executor may need to oversee decisions regarding the sale of the practice. A trusted friend with no business acumen or knowledge of how a medical practice works may not be the best executor. ALWAYS CONSULT A MEDICAL PROFESSIONAL. For more information, go to www.mdcpas.com

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