ferently down the road. The second cause
of partnership breakdown arises when
partners, prompted by the request of their
lender, hastily procure and fill out a form
agreement from the internet (or worse,
pay an attorney to do the same). While
these agreements often cover the most
basic elements of a business partnership
agreement, they simply do not and cannot
address the many dental-specific issues
that arise in a dental partnership. More
importantly, they fail to address significant
tax consequences related to partnership
structure, distribution, and liability.
It is important to remember that the law
requires that, at some point, all partnerships must necessarily end. The best hope
is that the partnership ends naturally
after a long tenure of successful business
operation and quality patient care.
Occasionally, a partnership will end early
either from the death or permanent disability of a \