by Dr. Steve Wolff – from Dental IQ
Hang on because this article is not going to be pleasant. We’re going to talk about things that are uncomfortable and easy to ignore. Nevertheless, it’s important to have this discussion, and it’s even more important to take some action. Most of us would like to believe that we are on a smooth, gentle path to the end of our practice, and that any obstacles are in plain sight. But I will tell you that this was not the case for my career, and I fear it will not be the case for a good number of you. Perhaps a little informed planning would be helpful for you, your practice, and your family. Let’s take a look at some sensible steps that you can take in the event that your career prematurely ends as a result of disability or death.
Most of you will grudgingly admit that you are going to die. The plan is that it will happen many years after you have successfully transitioned your practice, and that you and your family will be well prepared for the inevitable. That may or may not be the case, but we’ll talk more about that later.