As with any well paid, hard working professional, physicians are susceptible to having their hard earned savings depleted in a divorce. The liability for a large property distribution or the obligation to pay alimony to an unemployed or stay-at home spouse can impose burdens on the working physician which should not be underestimated.
Every physician has worked for years in college, medical school and then an often grueling residency to get to the point where they can reap the rewards that come with being an established physician in the community. These years of toiling for no or little money are ignored when it comes time for a marriage to be dissolved. The results can be catastrophic for the physician, who after a divorce may have to pay over a significant portion of their income and estate to their former spouse, who may also be a hard working person, or who may be spend time doing such things as playing tennis.
But some of these possibilities can be avoided prior to marriage by entering into a pre-marital or prenuptial agreement.
Additionally, even after a marriage, a post-marital agreement can also be entered into to address these issues and to limit the physicians liability in the event of a divorce.
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