10 steps to take when a practice owner dies

April 5, 2016
Karl R. Salzsieder, DVM, JD, CVA
Karl R. Salzsieder, DVM, JD, CVA

Dr. Salzsieder has been a practicing veterinarian for 29 years, a practicing veterinary consultant for 27 years and a member of the bar in Washington and Oregon for 14 years. He does employee contracts, practice valuations, management consulting and facilitation of practice sales. Dr. Salzsieder is one of the founders and former president of both the AVMLA and the AVPMCA, and has owned seven mixed or small animal practices (only four at one time). He was a corporate manager for VetSmart, now Banfield, and was the first VetSmart charter practice owner. He is also a Veterinary Economics Editorial Advisory Board member and a founding member of the Washington State Bar Association Animal Law Section, formed in 2002. Dr. Salzsieder is the owner of one three-doctor small animal practice and owns one golden retriever, Buddy, and two cats, Tigger and Moma Kitty.

To keep a veterinary practiceand its staffstable, take this advice to heart after the death of the practice owner.

When a veterinary practice owner-especially a solo practice owner-dies unexpectedly, it can be a highly emotional and stressful time for not only her family, but the veterinary staff as well. Whether you're faced with the situation right now or you're a proactive practice owner or an associate worried about the future, you can use the advice from Dr. Karl Salzsieder and his attorney, Josh Dailey, featured in the interactive below or in the handout at right to plan your immediate or long-term future.