It is common for medical practitioners to expand their clinic practice by roping in other doctors from the same or different fields. Let’s look at the factors that can affect the decision-making process.
A deferred compensation plan withholds a portion of an employee’s pay until a specified date, usually retirement, where the lump sum is paid out on that date. Examples include pensions, retirement plans and employee stock options.
Estate planning is an integral part of financial planning. As a planner, you should understand the utmost importance of estate planning, and equip yourself with the necessary skills and knowledge to help your clients map out their desired legacy.