Julianne F. Andrews, MBA, CFP, AIF

Many high-earning physicians find that taking advantage of a donor-advised fund is often a simple and tax-savvy way to make charitable contributions.

What physicians need to know about donor-advised funds

How physicians can prepare themselves

Even physicians aren’t immune to making financial missteps

From the moment doctors earn an M.D. to the day they hang up their white coat for good, they face unique financial hurdles and dilemmas.

Use this year to get your financial house in order. Here’s how.

Despite recent pressures on physician profit margins, a physician’s income remains relatively high compared with that of the general public. Without the proper tax planning strategies in place, a physician could face some costly surprises.