Tag: Doctors

Every day doctors come across families that are struggling with acceptance and death. When a loved one is sick beyond cure, it is indeed an emotional, ethical and legal gridlock. It happens because about 70% of the American population do not sign an advance directive. Thankfully, the numbers are not as bad for medical professionals. […]

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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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Estate planning is no more than a chore for maximum medical professionals. It is typical of doctors to find the process somewhat cumbersome, time-consuming and unnecessary. When done correctly, estate planning has three most important benefits. It ensures the future of minor children by bequeathing the property and money at the time of the testator’s […]

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Doctors often do not have time for the added legalities and paperwork that comes with creating a will. When it comes sorting out assets and properties, their busy schedules keep them from taking counsel from lawyers and attorneys. As a result, it is not that surprising that most physicians’ families turn up short on life […]

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