Tag: Business Owners

Are you a doctor with your own practice? Your practice at your private clinic or a co-owned clinic usually classifies as a small business. You have certain investments in the property that includes equipment, interior decor, staff and more. Your patients bring you the profit that usually goes into paying for your investments, i.e., the […]

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Fair market value of property within an estate is the real retail value of the property. It ideally depends on the standard of “highest and best use.” It usually results in much higher taxes, and the heirs are likely to pay a lot more than the estate planner had estimated. It often results in the […]

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Like all small business owners, doctors with their private practice mainly focus on their day-to-day needs. However, what happens when you pass away should be a real concern for you and your family members. Do you want your private clinic and practice to remain a part of your family? Do you want a doctor in […]

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