Each of the attorneys in our professional practice department has over 20 years of experience in representing professionals in the sale or purchase of professional practices. Since our healthcare attorneys represent only practitioners (and not institutions), they are keenly aware of all regulatory, tax and transactional issues related to the purchase or sale of a professional practice. For example, the tax allocation of the purchase price for a professional practice can dramatically change the net proceeds received by a seller or, alternatively, increase the cost of the purchase of the practice to the buyer. In addition, the characterization of payments to a departing stockholder/partner from a professional practice must be structured properly to attain the desired result.