This program educates the dentist, dental specialist and non-doctor spouse on all business, legal and tax aspects of the options of joining or leaving practice. There is a significant discussion of the methods and tax problems of structuring associate buy-ins and owner buy-outs from a tax lawyer and former dental equipment and supply representative who exclusively handles these transactions. Other important topics include solo group arrangements, associate contracts, finding and retaining quality employees, practice valuations and lease versus building ownership.
Presentation Topics
Dental Law Practice Transition
Past Presentations
American Dental Association Annual Session; Orlando, FL Ohio Dental Association Annual Session; Columbus, OH Northern Virginia Dental Society; Fairfax, VA
Future Presentations
American Academy of Dental Group Practice; Las Vegas, NV Chicago Dental Society Midwinter Meeting; Chicago, IL
Biographical Information
Prior to practicing law as a practice transition attorney for over 22 years, Bill Prescott was in the dental equipment supply industry for 16 ½ years. Bill is the author of: Business, Legal, And Tax Planning for the Dental Practice, PennWell Corporation; Joining And Leaving the Dental Practice, First Edition, 2008, Second Edition to be released 2012 (see www.PrescottDentalLaw.com. Text is available); The Practice Acquisition Handbook; The Limited Liability Company And Other Entities for Dentistry; and numerous articles.
Bill is a past Chair and currently Vice Chair, Professional Practices of the Closely Held Businesses Committee, American Bar Association, Section of Taxation, and also serves on the Editorial Board of the Practical Tax Lawyer.
