TheraClosure offers two types of coverage.  Select the one that fits your situation.

Executor Coverage for those in active practice

$450/year
+ $200 set-up fee
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TheraClosure serves as Executor in the event of incapacitation/death. You will be charged Year 1

Customized and legally-reviewed Professional Will based on comprehensive consultation
Free password manager
TheraClosure clinician as your professional executor
Change website, voicemail, and email to provide your TheraClosure clinician as the point of contact
Personalized notice by phone to active psychotherapy patients/clients
Assist active clients with referrals
TheraClosure clinician will take responsibility for securing medical records of current and past clients*
Provide written notice to past patients about the change in custody of their records
Assist in completion of current billing cycle, to facilitate collection of fees for your estate
Take the steps necessary to complete the closing of your practice, including notification of licensure board
*Yearly fee does not include cost of digitizing paper records, if you choose to do so.

 Retirement Coverage
for those retiring/retired

$450/year
+ $200 set-up fee
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TheraClosure serves as Executor/retains records for the number of years necessary according to state regulation
Comprehensive consultation about your retirement needs Determine record retention requirements
Choose later which of two plans you'd like to opt into.

Retirement Retainer Plan: We create a legally-reviewed Professional Will in which TheraClosure is on retainer to become your Practice Executor in the event of your death or incapacitation during retirement. You continue to be custodian of your records, ensuring security, access and transfer as needed.  This year-to-year coverage cost is $450 per year plus a $200 set-up fee. You will be charged Year 1.

Retirement Executor Plan: We create a legally-reviewed Practice Executor Agreement in which TheraClosure assumes immediate executor responsibilities and we take custody of your medical records now. We ensure security, access, and transfer, and you no longer have any responsibilities. The cost is made up of the $200 set-up fee and $450 x the years of coverage, up to a maximum of seven years. If coverage exceeds seven years an additional $500 flat charge is assessed. You will be charged Year 1 now, and will be billed the balance due after the Consultation Meeting.

Not ready to decide? 
Schedule a free, 20-minute informational meeting.

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Why Choose TheraClosure Services?

Comparison Without TheraClosure With TheraClosure
Creating a Professional Will Overwhelming and confusing. Spend hours sorting through templates and reading websites, and eventually hire a lawyer at great expense to customize a will to your liking. With almost no effort or stress on your part, an expert TheraClosure clinician creates a comprehensive, lawyer-approved will to your customization.
Deciding on a Practice Executor You wonder which colleague to ask to be your Practice Executor. You feel awkward and unsure. Maybe you cannot identify anyone. Maybe they won’t be available when you need them. TheraClosure is named as your Professional Executor, with clinicians always ready to prioritize your practice, leaving you reassured and stress-free.
In the event of an emergency:
Your colleagues, family, and friends Your colleagues, friends or family face an overwhelming emotional burden if they need to locate your schedule and patient contact information and spend time calling to notify them. They may field patient concerns, grief, anxieties, requests for referrals and for records. They do not know what to do but must take responsibility on top of grief and their regular work/life responsibilities. Your family and colleagues are spared additional burden from your professional affairs and can focus on mourning. TheraClosure takes immediate responsibility for notifying and referring patients, securing and transferring electronic records, and completing all tasks of practice closure.
Your patients Patients may feel abandoned and lost, and they may regress from the progress made in therapy.

Without available referrals identified to meet their needs, they may fall through the cracks and not continue their care.

They may be left without needed documents to seek reimbursement for payments they have made to your practice, and this can present them with a financial hardship. 		Patients feel cared for by your thoughtful planning for their well-being and they transfer to an appropriate therapist who can help them process their grief and continue their work. Patients will appreciate smooth access to records and documents needed for reimbursement.
Your practice Potential or past patients may continue to try to reach you.

Your business expenses and social media presence may not be shut down for some time.

Your practice may face liability due to confidentiality breaches. 		Your legacy and reputation are protected, and your practice is closed with integrity and the attention to detail you value.
Your estate Your estate may face an unexpectedly high cost billed by colleagues serving as Practice Executor if they charge an hourly rate for the service. The time required to close down a practice is much higher than you or the PE may anticipate, leaving your estate open to significant fees.

Your estate also may suffer financially due to lost income from services rendered if billing is not completed, and also by the practice’s on-going expenses which will continue to be billed to the estate. 		Your estate is financially protected. For the yearly cost of one hour with an attorney, you receive not only the plan, but have also pre-paid for all the executive services that may be required in the event of an incident. No unexpected fees for your estate.

TheraClosure issues bills on your behalf for unpaid services. On-going automated expenses are immediately ceased, sparing your estate additional expense.