Mark Twain said "Plan for the future because that's where you are going to spend the rest of your life."
I recently came across an article written by the AADA's very own Marilyn Woerner about the importance of planning ahead for our families. It's difficult to accept that we do not know what will happen in the future - let alone plan for it. Marilyn, and apparently Mark Twain advocate for accepting that we don't have control over the future, but that we can plan our reaction. This is great advice for dentist’s, and the rest of us as well.
Thanks Marilyn!
PREPARE FOR THE FUTURE -
Being in dentistry can be a satisfying career because the dentist can be aware of the help that he/she is giving to a patient so that that patient can look better and have better health. In addition, if all goes as planned the dental family can have a comfortable life from the income of the practice. Hopefully, the dentist will live until retirement and then be able to enjoy many retirement years. But what if the dentist dies suddenly or has a disabling illness or accident?
Have plans been put in place so that the spouse or the personal representative can sell the practice easily and the family can continue to have an income?
If you would like to know more about what plans can be put in place there are people who are willing to attend your Alliance’s local or state meetings to share this information. These speakers are brokers with American Dental Sales. In addition to being brokers they work in other fields such as accounting and law.
For the full article and contact information please visit our website.
Note: This article is not to be construed as an endorsement or approval by the Alliance of the American Dental Association or its members, of American Dental Sales (ADS), its products or services.
1 comment:
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