Divorcing Dentists
Unlike most other professional practices such as a law practice, dental practices are regularly bought, improved, and sold. Companies such as Tier Three Brokerage, appraise dental practices. The separation date is the focus point for the valuation of your dental practice. In other words, the value of your dental practice will be determined as of the date of separation. Upon separation, it will be necessary to equalize your assets with your spouse, including your dental practice, bank, and investment accounts (registered retirement savings plans, non-registered accounts, etc.) and real property.