Lawyers Helping Healthcare Professionals
Schedule a consultation with an experienced estate planning attorney to get started on your plan today!
Minnesota Estate Planning Attorney for Medical Professionals
Revocable Trust
Will & Testament
Power of Attorney
Healthcare Directives
Beneficiary Designations
Estate Planning for
Healthcare Professionals
If you’re a medical professional, you worked hard over the years to build your career — and it’s crucial to have an estate plan in place that will protect your assets and secure your family’s future.
Due to their liability exposure and high incomes, doctors face a number of critical issues when it comes to planning their estates. Importantly, estate planning for physicians should include asset protection and tax strategies — along with a plan for incapacity. Without proper planning, your family may incur a substantial tax burden, face legal battles, and have to deal with unnecessary stress.
Serving Rochester and other communities throughout Southeastern Minnesota, the estate planning attorney team at Wagner Oehler, Ltd., understands the unique challenges of estate planning for doctors. We can help you create an estate plan that will satisfy your objectives and safeguard your legacy.
Success Stories From Healthcare Professionals
Wagner Oehler went above and beyond to help my family with our estate planning. We greatly appreciate all they did, and will be using their services in the future. We will recommend to all of our family and friends.
Business Succession Planning for Physicians
- This can help to ensure the continuity of the practice you worked so hard to build — and a smooth transition in the event of death, disability, retirement, or other life changes.
- A detailed business succession plan for physicians should identify your successor, outline the transition process, and provide training opportunities for younger physicians who join the practice.
- It can also include a method to determine the fair market value of the practice to help prevent the potential for disputes.
Trusts for Medical Professionals
- Due to their profession, physicians face a much higher risk of lawsuits. A trust can be used to protect your assets from potential litigation.
- A trust is a crucial financial planning tool that can allow you to manage your wealth efficiently and minimize your tax burden by removing assets from your taxable estate.
- Trusts can be used to make a donation to a charitable cause you believe in, and leave a legacy behind that goes beyond providing for your family.
Contact a Minnesota Estate Planning Attorney Today for a Consultation
If you are ready to begin the process of estate planning as a medical professional, our team at Wagner Oehler, Ltd. can help.
Rochester
1801 Greenview Drive SW
Rochester, MN 55902
Learn more about us: www.wagnerlegalmn.com
Phone: (507)533-3503
St. Charles Office
819 Whitewater Avenue
St. Charles, MN 55972
Learn more about us: www.wagnerlegalmn.com
Phone: (507)533-3503
Winona Office
Lake City Office
120 W Center Street
Lake City, MN 55041
Learn more about us: www.wagnerlegalmn.com
Phone: (507)533-3503
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