When a physician transitions from practicing as an employee to owning or being a partner/shareholder in his or her own private practice, the financial picture changes. A lot. As an employee, you’re sheltered from having to protect the business entity. You just need to worry about yourself and your
What If You Lose a Partner or Key Person?
This could happen to you: You are a successful physician in private practice, living your dream. You have a terrific bunch of partners, and a skilled and diligent office manager who keeps the whole practice humming along. But early one morning you get a call from distraught family member: There’s
What You Need to Know About Group Disability Insurance
While employer provided disability insurance is a great first layer of income protection, there are some important drawbacks to be aware of. Here is an overview of the pros and cons of group disability insurance: Benefits of group disability insurance: 1. It's easy to get All you have