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malpractice protection planning
 Healthcare professionals have been concerned about rising malpractice
rates and increased personal financial risk for some time now. A growing number
of physicians have determined that they cannot afford to pay for the
professional liability limits they once had or even buy insurance at all.
The combination of decreased coverage and the ever-present risk of
malpractice and other liability suits means that it is more important than ever
to protect your finances from creditors.
Malpractice protection planning
involves applying individualized financial solutions to unique personal and
business needs. Contrary to popular belief, there is no easy answer or one size
fits all approach.
Malpractice protection planning is a combination of
strategies that encompasses estate tax planning, investment planning, the use of
insurance, retirement planning, and use of other entities to minimize financial
risk.
This type of overlap planning requires a team of professionals who
are experienced in investments, risk and strategic planning and income tax
issues. Our team of CPAs and Certified Financial Planners (CFP") has experience
assisting professionals like you. We will be happy to design your personal plan,
or to update your old plan.
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