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Buying Into A Dental Practice

Buying Into A Dental Practice

Buying Into A Dental Practice

Buying into an existing dental practice is a big step and having someone on your side to ask the right questions can be very helpful. We work together with your legal, accounting, and tax team to help dentists at this stage by asking the right questions. Does the practice have a 401k? What are the personal and business insurance policies and requirements? How is the ownership being transitioned and what are the tax implications? Due to the complexity of this process, we seldom expect our dentist clients to understand the intricacies of this milestone. We have helped hundreds of dentists buy into dental practices and often save them thousands in the short and long term by collaborating with them.

Personal

  • Personal insurance including life, individual health, personal disability, property, casualty, home, and auto.
  • Personal financial planning is a holistic and ongoing plan that helps make smart decisions to maximize tax breaks and to continuously align your goals with your future.
  • Personal investing that creates a strategy that matches your risk tolerance, time horizon and goals.
  • Retirement plan that can help you to accumulate the money you’ll need to pursue the retirement you want.
  • Tax strategies that could help you manage your overall tax situation in your favor.
  • Estate planning to help ensure the distribution of your wealth is allocated how you want upon your death.

Business

  • Business financial planning is a disciplined approach to providing a healthy dental practice that is poised to grow in value.
  • Employee benefit plans including 401(k), health and life insurance, profit sharing and more to look after you and your employees.
  • Professional insurance including group health, business overhead, property and casualty, business owner insurance and group disability.

Some health insurance products offered by unaffiliated insurers. 

Property & Casualty insurance is offered through a variety of quality insurance companies that are not affiliated with MassMutual or MML Investors Services, LLC.

Auto and home insurance is offered by unaffiliated insurers.

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