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Goodwill Allocation in Asset Sale

Goodwill Allocation in Asset Sale When selling a dental practice, the allocation of the sale price to different assets, including goodwill, has significant tax implications. Goodwill refers to the intangible value of a practice, such as its reputation, patient base,...

Letter of Intent 101

Letter of Intent – 101  Negotiating a Letter of Intent (LOI) is a crucial step when selling a dental practice. An LOI outlines the preliminary terms and conditions of the sale, serving as a roadmap for the formal agreement. While except for a few key terms, it...