Proper planning for physicians, dentists and other medical professionals involves a number of regulatory and asset protection issues not commonly encountered in planning for individuals and businesses in general. It goes without saying that a medical practitioner wants to provide the best possible care for his or her patients. But he or she must also take steps to provide the best possible protection for the medical business entity itself, as well as the personal assets that have been earned through a lifetime of study and hard work. At the Oakley Law Group, we can design a comprehensive plan that addresses the specific issues and special concerns of medical professionals, by combining all the relevant aspects of business planning, estate planning, tax planning and asset protection.
Asset Protection For Medical Professionals
Medical professionals, particularly physicians and dentists, are particularly vulnerable to lawsuits. And no matter how frivolous a lawsuit might appear on the surface, you never really know what a jury will decide. As any physician, dentist, hospital administrator or other professional engaged in the practice of medicine knows, examples of jury verdicts that seem to defy all logic and common sense abound. At the Oakley Law Group, we can design an asset protection plan, independently or as part of your overall estate and business plan, capable of mitigating the risks associated with litigation.