ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 122: Do All ER Doctors Need a Will?

People are too busy living to plan for their death, and why would you? It’s expensive, time-consuming, and it makes you plan for something nobody wants to think about – their own demise. The irony is, if you don’t plan, it’s likely to undo many of the things that made your life worth living in the first place.

In this episode, we’ll talk about the concept of advanced planning, what that entails, and the importance of establishing a plan, no matter your family dynamic and asset situation.

Topics Discussed:     
  • The importance of advanced planning.
  • Why your family needs to be involved in your plan.
  • What happens if you don’t have an advanced plan in place.
  • Why planning often gets put off and the benefits of dealing with it now.
  • What an estate actually is.
  • Reasons why planning is important even if you don’t have children or are unmarried.
  • How things can get very complicated and costly after death if you don’t plan.
  • Different ways you can protect your assets.
  • How to start and where you can start right now.

Resources Mentioned:

Tags

advanced planning, retirement planning, savings, goals, investment planning, ER doctors, emergency medicine, emergency room