Practice tip of the week: Luxury home asset protection issues for physicians

With all the useful information available on Physicians Practice, it is easy to become overwhelmed.

With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In an April 2021 story on luxury home asset protection issues for physicians, Ike Devji writes the following:

“Asset protection done right includes being informed about current risks and market conditions and managing those risks proactively. Here is what luxury homeowners, buyers, and sellers need to know about construction costs, closing delays, insurance, and why you are probably under-insured for the loss or damage of your home.

1. The cost of construction materials
2. Significant construction delays
3. Possible homeowners insurance issues
4. Delays in closing on real estate"

Click here for the rest article. Be sure to come back next week for another Tip of the Week