Maximize Your Dental Practice Value With Effective Trust Strategies

24/07/2025 31 min Episodio 120
Maximize Your Dental Practice Value With Effective Trust Strategies

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Episode Synopsis

Ash welcomes Antoinette Bone, an estate planning attorney and founder of the Law Office of Antoinette Bone, PLLC. Antoinette shares her experience from a background in the Air Force JAG Corps to working with business owners and dentists on estate and trust planning. She breaks down the importance of having a comprehensive plan for dental practice owners, discussing why a trust is often more beneficial than just a will, especially for those looking to protect their practice, family, and legacy.The conversation covers the basics of different types of trusts, how business structure ties into estate planning, and pitfalls like failing to have the right documents or mixing personal and business assets. Antoinette highlights the need for operating agreements, proper disability planning, and naming the right people to manage both personal and business affairs. She emphasizes that estate planning is an ongoing process, especially as life and business circumstances change. Additional resources for learning more about her work and estate planning are mentioned at the end of the episode.To find out more or connect with Antoinette, visit: https://abonelaw.com/Key Topics Discussed:Antoinette Bone’s career background and military serviceWhy dental practice owners need estate and trust planningTypes of trusts: revocable living trusts, irrevocable trusts, asset protection trustsIntegrating your business structure with your estate planCommon red flags and mistakes in estate planningThe role and importance of operating agreementsRisks of using online legal templates versus working with professionalsDisability and incapacity planning for practice ownersKey estate planning documents required in TexasHandling blended families and unique family dynamics in estate planningResources for further education on estate and trust planning

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