I was having a conversation with a client who is a dentist. We were discussing how people who work jobs that are high risk for lawsuits, like dentistry, should have an estate plan strategy that seeks to shield assets. I wasn’t surprised when he told me how many of his colleagues procrastinate on this. They know they need to do it, but they think that for the time being mal-practice insurance will be enough.
We were talking about how easy it is to put things like that off, things you know you need to do, but aren’t “fun”. Then he said something that is so true: if you let too many of those things pile up, it is hard to have fun, because you are so worried about the things you need to do. So, so true.
