Banner Life Insurance Review: Our Unbiased Analysis

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As part of our ongoing series to guide physicians into making thoughtful, well-informed decisions before buying life insurance, today we’re taking a hard look at one company in particular: Banner Life Insurance. Here is our full provider review on Banner Life Insurance: is it the right insurance company for you? Banner Life Insurance: At a … Read more

How Much Does Malpractice Insurance Cost?

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Regardless of your area of medicine, one thing all physicians worry about is the possibility of a malpractice suit.

It’s bad enough when mistakes happen and things go wrong with a patient in your care.

Being slapped with a malpractice lawsuit can make the experience even more devastating.

And that’s why malpractice insurance coverage is so important.

But what does it cover? How much does it cost? Why is it so crucial to have malpractice coverage?

Keep reading to learn how much malpractice insurance costs and why it’s so important.

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When Should Physicians Incorporate?

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  A physician LLC can establish your medical practice as a separate business entity, which has significant implications and benefits. In this article, we will explore: when physicians should consider incorporating; the financial and legal factors you need to weigh; and how to go about the process of incorporation. We will also delve into some … Read more

Balancing Acts: Navigating Physician Moonlighting for Physicians in Residency & Practice

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In the ever-evolving landscape of healthcare, physicians, especially those in residency or fellowship, are often faced with the need to navigate additional opportunities and challenges beyond the boundaries of their primary roles. One such endeavor that has gained prominence over the years is physician moonlighting. The multifaceted world of what moonlighting is has many implications, … Read more

Trust vs. Will: Making Informed Choices for Your Estate Planning

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Estate planning is a critical aspect of financial preparedness, often overlooked until it’s too late. This process involves making decisions about how your assets will be managed, preserved, and distributed after your passing, ensuring the well-being of your loved ones and the fulfillment of your wishes. At the heart of estate planning is the comparison … Read more

Impacting Your Medical Career: Understanding HCOL, VHCOL, MCOL and LCOL Areas

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Key Takeaways You may have heard of HCOL, VHCOL, MCOL, and LCOL before. Perhaps you’ve seen it in some reports, statistics, browsing a Reddit forum, or reading an interesting blog post. What exactly is it? These indicators are acronyms that describe the cost of living, from low (LCOL) to very high (VHCOL). Different states, regions, … Read more

Top 10 Reasons Not to Lease a Car

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In today’s automotive landscape, car leasing has emerged as an enticing option. This is particularly inviting for those seeking to enjoy the thrill of a new vehicle without the burden of ownership. With promises of lower monthly payments and the allure of driving the latest models, leasing often lures individuals into its fold. However, beneath … Read more

Book Review: Tax Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright

tax free wealth

Tax Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes is a financial self-help book written by Tom Wheelwright, an entrepreneur, best-selling author, Rich Dad Advisor, certified public accountant, and recognized authority on tax law across the globe. Tax Free Wealth teaches business owners, entrepreneurs, and other professionals — including physicians — … Read more

Navigating Financial Wellness: A Physician’s Guide to First Federal of Lakewood Bank

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In the intricate tapestry of a physician’s life, where the pursuit of medical excellence often takes center stage, the choice of a banking partner can be a pivotal decision that affects long-term financial health and well-being. Accordingly, this article delves into the world of First Federal of Lakewood Bank, a stalwart financial institution in Ohio, … Read more