This is the White Coat Investor podcast, where we help those who wear the white coat get a fair shake on Wall Street.

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

This is White Coat Investor podcast number 422.

We're halfway through the year.

While vacation mode is great, it's also the perfect time to review your tax strategy.

Cerebral Wealth Academy has open enrollment for the doctor's four-week guide to smart tax planning, available through June 30th.

As the spouse of physician, founder of Cerebral Tax Advisors, Alexis Scalati created a course designed for medical professionals

with a side gig, locum tenens, or private practice. It includes 22 video lessons

covering business entity setup, maximizing deductions, retirement planning, advanced tax strategies,

and monthly live Q&A sessions with Alexis herself. My Code Investor Podcast listeners can use

code WCI Summer 200 for a $200 discount.

Visit cerebral wealth academy.com to learn more. All right. We're going to start off today's

episode with a bit of a sad email. I got this email recently and I'm going to nominimize everything.

But basically it starts out, dear Dr. Dolly, I hope this email finds you well.

My husband recently passed.

He was in his late 50s and still practicing medicine.

He subscribed to your emails and really value your advice and, in fact fact frequently sent it on to our children.

I've looked through many of your posts seeking advice that would be applicable to me,

but I can't quite find something specific enough for my situation. I talked to a couple of

financial advisors who will charge me 0.9% on the value of my assets to 2 million, then 0.6%

on the rest. I have around 4 million and won't negotiate.

So I believe your expertise would be invaluable in my current situation. I'm hoping you

...