Of special importance can be the need to provide financial management assistance for family and surviving members. We realize that all aspects of this important area need to be addressed in an efficient estate plan.
Family Meetings
Many physicians worry about the transition of their wealth after they are gone. The wealth transfer process increases the potential for conflict. Close to 70% of high net worth families lose a portion of assets during wealth transfer due to factors such as ill-advised investments, family feuding, litigation expenses, and unnecessary taxes (source: Vanguard Group). Without proper family planning, questions are left unanswered. Will the family carry out the physician’s wishes? Does the family even know their wishes? Will the family be prepared? We help physicians address these issues with their family, avoiding the undesirable situation of leaving important decisions left to interpretation.
Find out why physicians trust MEDIQUS Asset Advisors. conatacus