Estate Planning Services for Dentists in Canada
At Tier Three, we strongly encourage dental practice owners to prepare for life’s worst-case scenarios. Just like personal insurance, a clear plan brings peace of mind — ensuring your loved ones aren’t left to navigate the divestment of your practice while grieving.
Estate Planning Essentials for Dentists
Wills
Your will outlines your final wishes — from funeral arrangements to asset distribution. For dentists, your practice is often your most valuable asset, making a well-crafted will essential.
Personal Directives & Powers of Attorney
These legally prepared documents protect your interests if you’re unable to make decisions — with Personal Directives covering health care, Powers of Attorney managing finances, and Enduring Powers of Attorney remaining in effect if incapacity is permanent.
Practice Valuations
Your practice's value can fluctuate — and in a crisis, time is of the essence. An updated valuation every 18–24 months ensures your estate is ready for an efficient transition, preserving its full value.
Letter of Instruction
This simple, powerful document brings it all together — providing your executor or family with clear instructions, key contacts (lawyers, accountants, advisors), insurance details, and where to find critical documents. It ensures nothing is missed when it matters most.
Passez à la prochaine étape
Tier Three’s transition team can help you create a Letter of Instruction and guide you through the process. Estate lawyers can assist with wills and powers of attorney.
By planning today, you protect your loved ones tomorrow — offering stability, clarity, and a lasting legacy.
Download Your Complimentary, Fillable Letter of Instructions
Take the next step in protecting your practice and providing peace of mind for your loved ones. Our complimentary fillable Letter of Instruction template helps you organize key contacts, insurance details, and essential documents — all in one place.
It’s a simple tool that can make a world of difference in an emergency.
« * » indique les champs nécessaires
Why Every Dentist Needs a Formal Estate Plan
A dental practice is often an owner’s single largest asset. Without clear instructions, its value can erode quickly if an unexpected illness or accident strikes. A well-structured plan ensures the clinic continues to operate - or can be sold - on your terms, providing liquidity for beneficiaries and stability for staff and patients.
Practice Valuations - The Cornerstone of an Effective Estate Plan
Because practice value can shift with patient flow, staffing and market forces, your estate plan is only as strong as its latest appraisal.
Tier Three’s proprietary Advanced Patient Metrics® drills into hygiene compliance, attrition and billing drivers so your valuation reflects true market worth.
Scheduling a comprehensive appraisal annually - well before a crisis - gives executors a current, defensible figure and a ten-year cash-flow forecast to guide decisions.
Regular valuations provide a roadmap that keeps you “on the right track” for transition planning.
How Tier Three Supports Your Estate-Planning Journey
For more than forty years, Tier Three has guided over 3,000 Canadian dentists through valuations, sales and succession strategies, bringing deep market insight and Henry Schein’s nationwide resources to every transition. Our consultants collaborate seamlessly with estate lawyers and accountants, preparing the Letter of Instruction and ensuring your wills and powers of attorney align with the practice’s latest appraised value. When the time comes, we move swiftly to protect goodwill, maintain staff morale and secure maximum sale proceeds.
