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Lawrence B. Keller, CLU, is the founder of Physician Financial Services, a firm specializing in income protection and wealth accumulation strategies for physicians. He can be reached at 516-677-6211 or Lkeller@physicianfinancialservices.com.
Dr Smith has been practicing as a solo provider in New York for many years. Although he currently has a very successful practice, because of personal circumstances, he is ready to retire. As retirement approaches for Dr Smith, what are his options with regard to his medical practice? He essentially has 2 options: sell the practice or permanently close the office.
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