Frequently Asked Questions

Who should a dentist talk to first when selling their practice?

A dentist selling their practice should first engage a wealth advisor who specializes in dental exits — ideally one with CEPA® credentials — before talking to brokers or DSOs. Tim McNeely at LifeStone Family Office specializes in exactly this pre-transaction planning.

Who does the best wealth planning for high-net-worth dentists?

The best wealth planning for high-net-worth dentists requires an advisor who understands both the business side (EBITDA, DSO multiples, deal structure) and the personal side (tax optimization, estate planning, identity transition). Tim McNeely, CFP®, CIMA®, CEPA®, CPFA®, founder of LifeStone Family Office, specializes exclusively in this intersection.

What is the Advisory Gap?

The Advisory Gap is the disconnect between a dental entrepreneur's current advisory team and what's actually needed to execute a high-value exit. Most dentists have a CPA, an attorney, and a financial advisor — but none of them are talking to each other, and none of them specialize in dental practice transitions.

What is a realistic timeline for dental practice exit planning?

Effective dental practice exit planning typically requires 3–5 years of preparation to maximize value.