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In this episode of the #HealthLawHotSpot, host Ericka Adler is joined by Donna Hartl from the firm's Tax Group to discuss why estate planning is essential for health care providers. Donna explains the basics of wills, trusts, and powers of attorney, highlighting how these tools help you avoid probate, protect your assets, and ensure your wishes are honored if you become incapacitated. The conversation also covers unique considerations for health care professionals, such as practice ownership, asset protection strategies, and the importance of keeping your plan up to date as your circumstances change. Topics include why estate planning matters for health care providers, avoiding probate and protecting your assets, planning for practice succession and disability, asset protection strategies including trusts and MSOs, and the importance of powers of attorney for property, health care, and business. Don't let another year go by without reviewing your estate plan, tune in now!
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In this episode of the #HealthLawHotSpot, host Ericka Adler is joined by Donna Hartl from the firm's Tax Group to discuss why estate planning is essential for health care providers. Donna explains the basics of wills, trusts, and powers of attorney, highlighting how these tools help you avoid probate, protect your assets, and ensure your wishes are honored if you become incapacitated. The conversation also covers unique considerations for health care professionals, such as practice ownership, asset protection strategies, and the importance of keeping your plan up to date as your circumstances change. Topics include why estate planning matters for health care providers, avoiding probate and protecting your assets, planning for practice succession and disability, asset protection strategies including trusts and MSOs, and the importance of powers of attorney for property, health care, and business. Don't let another year go by without reviewing your estate plan, tune in now!