Daily Course Summary

8:00-8:30am:  Complimentary breakfast!
8:30am–3:30pm:  Full-Day Courses (6 CE hours each)
Plenty of time left in the day to explore the city!

Full Schedule

Thursday, June 13, 2019

8:30 AM - 3:30 PM

Doctors Approaching Retirement

(for doctors age 50 or older)

You will face more decisions in the last few years of practice than at any other time throughout your career, and these decisions will be some of the most important you’ll ever make. Unfortunately, most doctors have neither the time nor the financial training to effectively address the numerous financial issues related to retirement. As a result, many doctors lose hundreds of thousands of dollars. Learn the leading edge strategies you need to develop a well-designed plan to assure a successful retirement. Key topics include:

• When can you afford to retire?
• When and how to take retirement plan and IRA distributions
• Meeting cash flow needs in retirement
• Converting to tax-free Roth IRAs
• Methods to reduce taxes on the sale of your practice
• Social Security timing to maximize benefits

Friday, June 14, 2019

8:30 AM - 3:30 PM

Transitions: Secrets to Success Despite All the Change

Dentistry today is in the early stages of massive change in terms of practice values, new tax strategies, insurance reimbursement rates, PPOs, corporate dentistry, and the approaching retirement of Baby Boomers.  Learn how to position your practice in order to understand all of these forces and optimize your transition outcome, whether your transition plans are immediate, near-term, or further down the road. Just some of the topics covered at this entertaining and informative course are:

• Where is dentistry headed?
• PPOs, corporate dentistry, and shifts in payer sources
• Rising practice values
• Timing your transition for maximum benefit
• Partnerships: buy-ins / buy-outs – secrets to success
• Associateships: what determines success?
• Drivers of fair market value and how to increase your FMV
• Tax reduction strategies for practice sales

4:00 PM - 5:00 PM

Cocktail Reception

Enjoy delicious refreshments with the expert presenters and your fellow attendees. Your spouse or guest welcome too, and no RSVP is required.

Saturday, June 15, 2019

8:30 AM - 3:30 PM

Tax Saving Strategies and Legal Issues in Transitions

This course covers the various legal structures of practice transitions, the practical effects, advantages and disadvantages of each, as well the tax ramifications to each party. Learn about proper planning and structuring to avoid pitfalls, and how to optimize tax results for both buyer and seller. This program also addresses the various legal documents and the variety of issues common in practice transition negotiations, and more! Highlights include:

• Associateship and post-sale services agreements
• Practice sales, buy-ins, buy-outs, mergers, and dissolutions
• Purchase price allocation
• Seller financing and related issues (e.g. recapture)
• Related party rules
• Use of deferred compensation
• Real estate matters (e.g. sale, lease, right of first refusal, option to purchase, 1031 exchange)
• Restrictive covenants
• Buy-sell provisions among owners
• Income division among owners
• Life insurance, disability buy-out insurance, overhead insurance
• Entity selection