Veterinary Practices and Veterinarians

Veterinary Practice Representation

 

Petrova Law represents veterinarians and veterinary practices in a wide range of business, tax and transactional matters.

Allie loves working with veterinarians and other medical professionals because of her personal background.  Attorney Petrova comes from a family with a strong tradition in medicine and dentistry, and has an intimate understanding of the business, legal, and operational challenges that accompany healthcare practice management and operations.  Ms. Petrova grew up around an orthopedic surgeon aunt, a cardiologist granduncle, and an ophthalmologist grandaunt.  Her brother and mother are dentists.

We negotiate associate agreements, assist with due diligence and negotiations for practice purchases and sales, prepare buy-sell agreements, counsel on succession planning, and many other transitional and operational matters encountered at different stages of a professional career in veterinary medicine. We routinely represent veterinarians in buying or selling practices, including negotiation, documentation, and closing of the transaction.

 

Representative Transactions:

Represent veterinarians in negotiating, documenting and closing the purchase of a veterinary hospital and post-closing operations

Represent selling veterinarians in negotiating, documenting and closing the sale of a veterinary hospital as well as analysis of tax-significant considerations

Assist veterinarians with corporate governance and tax-favorable structuring of group veterinary practices

Guide founders of veterinary practices through formation, employment matters, tax considerations, leasing, and daily operations

Guide veterinarians engaged in relief work and services outside a traditional veterinary practice

Structure ownership and disposition of real estate properties

 

Practice Formation

  • Purchase of a Veterinary Practice
  • Veterinary Practice Startup
  • Multi-Owner Practices
  • Tax Planning and Considerations
  • LLC Operating Agreements
  • Shareholder Agreements

Associates

  • Associate Buy-Ins
  • Associate Employment Agreements
  • Noncompetition and Nonsolicitation
  • Relief and Special Arrangements
  • Leaving a Practice
  • Collection of Unpaid Compensation

Practice Succession and Exit

  • Sale of a Veterinary Practice
  • Practice Succession Planning
  • Parent-Child Transitions
  • Buy-Sell Agreements
  • Dissolution and Liquidation

Practice Operations

What's next? Contact us today!

Petrova Law is a boutique law firm focused exclusively on tax and business law matters. Attorney Petrova works with veterinarians as well as dental and veterinary practices on the national level.  She advises veterinarians on purchases and sales of veterinary practicescomplex business tax planning and tax strategy, and taxpayer representation before the Internal Revenue Service and state tax authorities.

For more information, call us today at (336) 310-1210, email us, or contact us online.