Step 1: When a nucleus can decay through two independent channels, the total decay probability per unit time is the sum of the individual decay constants:
\[ \lambda = \lambda_1 + \lambda_2. \]
Step 2: The half-life is related to the decay constant by \(t_{1/2} = \dfrac{\ln 2}{\lambda}\), so \(\lambda = \dfrac{\ln 2}{t_{1/2}}\).
Step 3: Substitute for each channel:
\[ \frac{\ln 2}{\tau} = \frac{\ln 2}{t_1} + \frac{\ln 2}{t_2}. \]
Step 4: Cancel the common factor \(\ln 2\):
\[ \frac{1}{\tau} = \frac{1}{t_1} + \frac{1}{t_2}. \]
\[ \boxed{\dfrac{1}{\tau} = \dfrac{1}{t_1} + \dfrac{1}{t_2}} \]