Tax, Pension and Life Insurance Planning For Physicians

The complete understanding of physicians life insurance & financial planning including smart way to structure life insurance policy and pension & tax planning.

When you were a little kid and people asked you what you want to be when you grow up you said,”A DOCTOR!” And when they asked why you said, “I want to help people!”. Well, now you’re all grown up and things are not that simple. The responsibilities that come with being a doctor are way more stressful and complicated than the 8 year old you used to be ever expected.

There are many things like below that you worry about on a daily basis;

1) What is the best way to protect my ability to earn my income and my practice?

2)Is there a way to pay for my life insurance with pre- taxed dollars?

3) How can I save for my retirement in a tax efficient manner and take a bigget income tax deduction?

4) What is the best way to save for my children’s college education?

5) How can I pass on all my assets to my children without estate taxes?

6) What is the right age to get my long term care insurance?

The income you earn has probably become just as important to you as helping people. You have a family to take care of and you probably think about your children’s future every single day! Keeping your family in mind is crucial. What would they do if something were to happen to you? What if you couldn’t work anymore because of a disability or maybe even a premature death? These things are not what you want to think about but if you want to be practical, you have to.

Different doctors have different needs. Resident doctor’s needs are different than a doctor who has been practicing for 20 years. OBGYN’s have a high percentage of possible law suits. Even within the medical field, there are many different types of specialties and accordingly the need of different financial planning and life insurance planning. We’ll find a solution that fits best to your individual situation.

The first step is a risk assement and management. We need to protect: your life with life insurance; your ability to earn with disability insurance; your retirement savings and investment with long term care insurance and your hard earned assets with proper asset protection & estate tax planning! The next step in your financial planning process is to create wealth for your own comfortable retirement with BIG income tax deductions or for your children’s education or for any other purposes. The last step is how you want to pass your wealth on to your family and/or your favorite charities without paying much to Uncle Sam in estate taxes.

• We will research over 100 life insurance companies to find the best and cheapest disability insurance, life insurance and long term care policies for you. We offer special discount to AMA, AAPI and AAPS members.
• We may be able to get you deduction of life insurance premium on your income tax return.
• We will help you to find the best estate planning & asset protection attorney across the country for legal documents like wills and trusts.
• We will work with you CPA or accountant to set up retirement and pension plan to minimize your income taxes. We can help you save in your income tax upto $250,000 per year.
• All this at your convenience via phone or email without high pressured, time consuming meeting at your office or home.

Please call one of our specialists at (877) 972-3262 to determine the right insurance and financial plan for you and for your family’s financial security or please complete short information request form now.