Estate Planning for Physicians & Healthcare Professionals in Palm Desert, CA
Proper planning for physicians, dentists and other healthcare professionals involves a number of asset protection and regulatory issues that most individuals and businesses don’t have to worry about. While medical practitioners focus on providing the best possible care for their patients, it is also important for them to provide the best possible protection for their medical businesses, too, as well as the personal assets they have earned through a lifetime of study and hard work. Unfortunately, we live in a highly litigious society, and medical professionals are particularly susceptible to lawsuits. No matter how frivolous a lawsuit may seem, you never really know what a jury may decide. And malpractice insurance does not always cover the full cost of a jury’s judgment.
At Palm Desert Law Group, APC, we design comprehensive plans that address the specific threats and special concerns of medical professionals, by combining all the relevant aspects of estate planning, business planning, tax planning and asset protection. We will work closely with you throughout the process and explain to you the issues surrounding risk management, formation and management of professional corporations, revocable trusts, irrevocable trusts, and the flexibility and protections of various estate planning techniques.
We will worry about these things so that you can focus on your own family, career and patients.