Only a minority of clients seem to be aware of the need to protect accumulated tax-qualified retirement benefits1 from potential future creditors. In my practice, it's often older physicians who want to make asset protection a centerpiece of their estate planning. That's because a doctor's retirement account typically holds a large portion of his wealth, and the threat to this wealth is so clear: medical malpractice claims threaten the fruit of his life's work.2
All access premium subscription
Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.