New Law Brings Great Relief for Californians
BY Kendal Blunck | March 1, 2021 After years of having homestead laws that were supposed to protect the homeowner, the state of California has finally decided to play the game with the right game piece. State homestead exemptions give protection, up to a certain dollar amount, to a debtor, to protect a home and its equity from seizure by a judgment…
Financial Advice for Physicians
BY Protect Wealth | March 26, 2024Managing personal finances and protecting assets are essential considerations for physicians. This group faces unique challenges in safeguarding their wealth due to their high-income potential, exposure to lawsuits, and demanding schedules. To ensure a stable financial future, it is crucial for physicians to adopt strategies that protect their personal assets and wealth. In this article,…
Are Physician Loans a Good Idea?
BY Protect Wealth | March 22, 2024When it comes to purchasing a home or meeting personal financial needs, many individuals, including physicians, often turn to loans. For doctors who may have unique circumstances such as high debt and limited savings, obtaining a traditional mortgage can be challenging. To assist them in overcoming these obstacles, some lenders offer specially-designed loans known as…
What Are the Best Compensation Models for Physicians?
BY Protect Wealth | March 21, 2024Physician compensation is a crucial and complex subject within the healthcare industry. As highly skilled professionals, physicians invest years in education and training to provide exceptional medical care. However, determining fair and effective compensation that accurately reflects their expertise and dedication remains a challenge. In order to address this challenge, various physician compensation models have…
How Much Disability Insurance Do I Need as a Physician?
BY Protect Wealth | March 18, 2024Disability can strike anyone at any time, and physicians are not immune to this risk. That's where disability insurance comes in—a crucial form of protection that can provide financial security when a physician is unable to practice due to a disability. Disability insurance, in simple terms, is a type of insurance that provides income replacement…
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