Dental Practice Buy Sell Agreement -
Each owner buys an insurance policy on the other partners. If one leaves, the remaining partners use the insurance payout to buy their shares.
It prevents the "forced sale" of the practice and reassures patients and staff that operations will remain stable. Common "Triggering Events" dental practice buy sell agreement
The Safety Net Every Dental Partnership Needs: A Guide to Buy-Sell Agreements Each owner buys an insurance policy on the other partners
The practice itself buys and owns life/disability policies for each partner and handles the buyout. dental practice buy sell agreement