Idaho Medical Association offers comprehensive overview and estate strategy planning for doctors and physicians in Boise and the surrounding areas. Contact us today to start planning for the future!
Estate Planning for Medical Professionals
A comprehensive financial plan not only provides for your family’s present and future goals; it also ensures that they will be taken care of in the unfortunate event of your passing. Having an effective estate plan eases the burden on the loved ones you left behind by providing a timely and cost-effective allocation of assets.
Estate planning is the in-depth process of preparing for the distribution of wealth and assets following a person’s death. Various aspects of a comprehensive estate plan include: choosing beneficiaries, appointing a guardian over minor children, arranging for asset distribution, debt management, and the minimization of unnecessary taxes or fees. Our financial planners are knowledgeable and experienced in all facets of estate planning for medical professionals and can assist you in making the right decisions for you and your loved ones.
At Idaho Medical Association Financial Services, we understand the difficulties a medical professional faces each and every day. You are busy taking care of the needs of others and have little time to properly investigate all the components of estate planning for medical professionals. Financial circumstances for medical professionals vary and need to be addressed by an estate planner familiar with the healthcare industry. Many individuals in healthcare are high-wage earners and thus have a larger estate, potentially making them more susceptible to higher estate taxes. Additionally, a physician’s estate may also encompass a private practice and require asset and liability protection.
Asset Management for Doctors
We offer comprehensive estate assessment for medical professionals and asset management for doctors and physicians. We have the experience in the financial sector to cater to the circumstances surrounding a physician’s professional career and private life. We focus on comprehensive estate planning for physicians that will meet the needs of the individual. Our team will assist in:
About Idaho Medical Association
The Idaho Medical Association members currently exceed 2,500 medical professionals throughout the state of Idaho. All of these medical professionals meet the association’s strict membership requirements. Our financial services group is uniquely skilled to provide the utmost wealth management services optimized for medical professionals.