Protect your care. Preserve your practice. Plan securely.

Often, yes. Depending on your state’s licensing rules, liability exposure, and income, certain entities are more suitable. For example, in California a chiropractor must use a Professional Corporation (an LLC is not allowed for chiropractic practice, whereas other structures like an S-Corp tax election or an LLC/PLLC might be options in Washington. We help you evaluate the best entity type to protect your practice and meet regulatory requirements.

Yes. High-value assets like therapy tables, X-ray machines, or even ownership of your clinic real estate can increase your estate’s value. Through proper valuation, strategic use of trusts, and gifting strategies, we can reduce the estate tax exposure from these assets. In some cases, we might recommend tools like family limited partnerships or charitable trusts to further shelter your practice’s value from taxes while achieving your legacy goals.

Without a plan, your practice could struggle or even be forced to shut down in a crisis. That’s why we emphasize succession planning and buy-sell agreements. These tools lay out in advance who will take over or how the practice will be managed or sold if you’re suddenly unable to work. With a solid succession plan, you ensure the practice transitions smoothly to a colleague, associate, or buyer – preserving its value and patient care continuity – and that your family is fairly compensated. (Remember that if a non-chiropractor like a spouse inherits the practice, state law may require an immediate sale or transfer to a licensed chiropractor, so planning ahead is crucial.)

Absolutely. As a healthcare professional, your personal liability risk (from malpractice or other lawsuits) and your licensure rules directly influence your planning. We address these by, for example, using asset protection trusts or insurance to shield personal assets from claims, and by structuring your practice in compliance with state chiropractic board regulations. Our plans make sure you’re protected both from a legal standpoint and a professional one, so that a lawsuit or regulatory issue doesn’t derail your legacy.

We recommend reviewing your estate, tax, and business plan whenever you experience a major life or business change – for instance, if you acquire new property, invest in expensive new equipment, significantly grow your practice, have a big jump in income, or have changes in your family (marriage, children, etc.). Even without major changes, it’s wise to revisit your plan every few years. Laws and financial conditions can change, especially tax laws or estate tax thresholds. Regular check-ups ensure your documents stay current with both your life and any legal updates.

Not at all. Even smaller practices benefit from structured estate and business planning. If you own any practice – large or small – proper planning reduces risk and uncertainty. For solo practitioners, having a plan is crucial to avoid chaos in a crisis (who will treat your patients or manage the office if something happens to you?). For any size practice, planning ahead means you control what happens to the business you worked hard to build, rather than leaving it to courts or default laws. In short, advanced planning provides peace of mind and protection no matter the size of your practice.