Financial Capacity: Here Today, Gone Tomorrow (Wise-up on Health, Wealth, & Aging)
You may lose your marbles, but you can still preserve your financial well-being. Unlike other finance posts on The Reading Room aimed at helping you become financially literate, this one is all about what happens when you develop age-related financial vulnerability and are no longer able to make sound financial decisions. And this post is not just relevant to older or retired radiologists, but…
The Finance Savvy Resident: Your Future-Self Will Thank You For This
Or your future-self might not; I don’t know, because I can’t predict the future. But I can offer some solid, evidence-supported suggestions—apropos to residents—as to potentially prescient, if not generally, sensible financial moves. Whatever your particular path or current circumstances, it is never too early nor too late to consider your financial future; how you can help position yourself…
Create and Put Your Estate Plan in Place STAT: Here’s How
If you’re looking for a barrel of laughs, you should probably read something else; if you’re looking for practical advice on how to ensure your “affairs” are “in order” before you “croak,” you’re in the right place! And if you’re looking for an opening line using unnecessary quotation marks for silly dramatic effect, you just passed it. Welcome to Part 2 on estate planning! If you missed my last…
Because You Can’t Take It With You...Estate Planning!
The term “estate” is commonly defined as a vast piece of property owned by a prominent family. As in, William Pumpernickel of the Pensicola Pumpernickels invites you to his country estate for croquet and crumpets. For purposes of this post, I’ll be referring to an alternate definition of estate: an individual’s total assets (e.g., all land and real estate, possessions, financial securities,…