Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

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In this episode, we’re joined by Justin Fung, General Manager and Head of Commercial and Corporate at Avant Law, one of Australia’s leading healthcare-focused law firms, designed to support doctors through every stage of their professional journey from setting up a practice to planning an exit.

Justin breaks down why malpractice isn’t the legal risk that catches most doctors off guard, how lease terms, business structures, and partnership agreements can quietly cost you six figures, and what a healthcare-savvy lawyer can offer that a generalist simply can’t.

He also explores how to approach practice sales the right way, why employment disputes are becoming more common for doctors in private practice, and how to find a legal partner who understands the medical landscape and can grow with your business.

If you want to protect your practice, avoid preventable legal mistakes, and build a future-ready medical business with confidence, then make sure to listen to this episode.

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TIME STAMPS:

00:00 Hook/Intro

01:51 Justin’s Background – Who is Avant Law and How Do They Help Doctors?

05:41 Process of Becoming a Lawyer

12:24 Difference Between a Commercial Lawyer and Corporate Lawyer

15:21 Understanding Employment Law

17:32 Other Branches of Commercial Law

20:20 How Lawyers Assist Doctors with Personal Legal Issues

23:23 Common Family Law Issues and the Role of Lawyers

25:43 Criminal Law and Its Implications for Doctors

27:34 Other Specialised Areas in Corporate and Commercial Law

29:02 Differences Between Tax Lawyers and Accountants

30:40 Attorney-Client Privilege and Confidentiality

32:49 Summary of the Different Branches of Law

33:12 How to Choose the Right Lawyer

36:45 Exclusive benefits for Avant members

42:00 Conclusion/Outro

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SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://www.linkedin.com/in/justin-fung-53a9647b/

https://avant.org.au/law

-----

LISTEN TO THE PODCAST

Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN

Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608

Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast

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FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

-----

DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode, we’re once again joined by Nafees Huda, Chartered Accountant and Partner at KHI Partners,alongside financial expert Roger Wheelahan from Smart Start Financial, back together to demystify one of the most powerful (and misunderstood) tools in a doctor’s investment toolkit: the self-managed super fund (SMSF).

They break down why so many doctors rush into SMSFs without a clear plan, what a properly structured SMSF actually looks like, and how to invest in property through super without triggering tax or compliance headaches.

They also explore how doctors can use their SMSF to lease their own medical rooms, why the ATO holds you personally responsible for any missteps, and how having the right professional team can turn your super into a serious wealth-building strategy.

If you want to make smart financial decisions that could save you thousands in tax and set you up for a stronger retirement as a medical professional in Australia, then make sure to listen to this episode.

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TIME STAMPS:

00:00 Hook/Introduction

02:42 What is SMSF, and why is there an SMSF

06:54 Where to find the best advice for SMSF

09:04 Importance of a Financial Planner when setting an SMSF

10:33 Should and should not get an SMSF for

13:14 Using SMSF to invest in a property or the stock market

20:22 Structuring SMSF

28:18 Purpose of getting an SMSF

33:21 Case study

36:40 Importance of numbers

39:20 SMSF is a tax-privileged structure

43:19 Transferring assets into an SMSF

45:26 Conclusion/Outro

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SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://khipartners.com.au/

https://www.linkedin.com/in/nafees-huda-42671040/

https://www.linkedin.com/in/roger-wheelahan-8ba53149/
https://smartstartfs.com.au/

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LISTEN TO THE PODCAST:

Spotify: https://spoti.fi/3FoBRAy

Apple Podcast: https://apple.co/4iks50N

Amazon Music: https://amzn.to/3DoyJnP

-----

FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

-----

DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.

Join 27,000+ doctors and dentists in the 'Investing for Doctors' Facebook group: https://facebook.com/groups/investingfordoctors

-----

In this episode, we’re joined once again by estate planning solicitor Tyrone Dutt, who returns to unpack one of the most overlooked risks in estate planning: what happens when you lose the ability to make decisions, but you’re still very much alive.

Tyrone explains why your Will can’t protect you in these situations, how enduring powers of attorney and guardianship actually function, and the serious legal and financial consequences of choosing the wrong person to act on your behalf.

We also cover what happens when assets are sold during incapacity, how estate plans can quietly unravel, and what doctors need to know to avoid family disputes and irreversible mistakes.

If you care about protecting your independence, your wishes, and your estate, make sure to listen to this episode!

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TIME STAMPS:

00:00 Hook/Intro

01:13 What happens when you're not quite dead but can't make decisions?

02:39 Testamentary Capacity

03:48 Capacity Check on a Client

05:18 Power of the Attorney

07:04 Temporary and Permanent Incapacity

11:58 Guardianship

14:53 Appointing the right people

22:34 Advance healthcare directives

27:32 Following Advance healthcare directives

29:25 Conflict in the Law

35:06 Estate planning should be tailored

37:30 Lifestyle wishes and financial wishes conflict

39:28 Guardianship tribunal

42:30 Capacity issue of the will

45:30 Conclusion/Outro

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SHOW NOTES LINKS

https://ifdgroup.com.au/

https://doctorbi.com.au/

https://au.linkedin.com/in/mian-bi

https://empire.law/

https://au.linkedin.com/in/tyronedutt
https://www.facebook.com/3mpireLaw

-----

LISTEN TO THE PODCAST

Spotify: https://open.spotify.com/show/07DS5AxlbgmkuvP6zQGgtN

Apple Podcasts: https://podcasts.apple.com/au/podcast/investing-for-doctors-podcast/id1775535608

Amazon Music: https://music.amazon.com/podcasts/b9de46bc-e29d-4402-9e9e-959a3a5dc8da/investing-for-doctors-podcast

-----

FIND US HERE

Website: https://ifdgroup.com.au/

Facebook Group: https://www.facebook.com/groups/investingfordoctors

Facebook Page: https://www.facebook.com/investingfordoctors

-----

DISCLAIMER

The information provided in this podcast is for general purposes only and should not be considered personal advice. Always consult with qualified professionals or experts in the relevant field for personalised advice tailored to your specific situation.