Do I Need to Hire a Physician Contract Lawyer?

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If you’ve just received a physician’s employment contract, congratulations! You’re on your way to building and advancing your career. After years of medical school, the life you’ve envisioned is just around the corner. But as excited as you may be, you’ve got to read and understand the agreement before you sign on the dotted line. […]

Hidden “Own-Occupation” Traps in Physician Disability Insurance

When it comes to disability coverage, beware the fine print. The difference between “own-occupation” and “any-occupation” coverage is one of the most important distinctions in physician disability insurance. True own-occupation coverage provides doctors with essential income protection, while lesser policies can leave physicians exposed to extreme financial risk in the event of a disability. Own-occupation […]

Physician Tax Planning and Investment Vehicles

A Physician’s Guide to Employer-Sponsored Retirement Plans

Physician Tax Planning and Investment Vehicles It is essential for new physicians to understand the structures and tax-advantages of different employer-offered retirement plans. When you sign the employment contract for your first attending position, your financial situation can transform dramatically overnight. Along with a substantial raise, you can expect a considerable increase to your tax […]

Why Relying On Your Employer-Sponsored Disability Plan Can Hurt You

The Pros and Cons of Retirement Protection Riders for Disability Policies

Remember to keep group long-term disability insurance that is provided by an employer and/or association as your secondary plan, not primary. It happens all of the time. Physicians get lost in the Disability Insurance Maze because of misunderstandings about what is written in the fine print of disability insurance contracts whether they are group or […]

Choosing the Right Executor for Your Estate

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When it comes to estate planning, most physicians are familiar with the importance of establishing a legal will. However, many doctors overlook another key aspect of estate planning: choosing an executor for your estate. An executor is the person legally responsible for fulfilling the deceased’s financial obligations and for overseeing the distribution of assets according […]

Physician Contract Review Focus: Exiting a Contract

Physician Contract Review Focus: Exiting a Contract

Don’t let the fine print fool you– Right to Terminate clauses can have a serious impact on a physician’s career.  Consider the following scenario: You move to a new state to begin an exciting new position. While the job sounds great during recruitment, the contract doesn’t include details about call hours, productivity expectations, or bonus […]

The Doctor Loan: A Complete Guide to Physician Mortgages

Doctor Loans

Almost everyone dreams of owning their home. And as a physician, it’s likely you share that dream. After all, you deserve it for spending years in medical school and training programs. Yet, it seems like everyone you know who’s not a doctor is further ahead in life and already buying their first home. When you’re […]

7 Alternative Jobs for Physicians

Alternative Jobs for Physicians

7 Alternative Jobs for Physicians Looking For a Change Are you burnt out from years of working long hours? Do you want to step away from clinical practice? You’re not alone. Many doctors suffer from burnout. After all, practicing medicine is demanding work. It certainly doesn’t have the best work-life balance of any career out […]