Estate & Succession Planning for the Closely Held Business Webinar

To provide a comprehensive understanding of the business, income tax and estate planning considerations relevant to any transfer of all or a portion of a closely held business. You will be equipped to pinpoint problem areas and show clients what to plan for, how to plan and why these plans are necessary.

• What to focus on in transfers to family members and third parties
  – Federal estate, gift and income tax issues, including the implications of the recently expanded estate and gift and GST tax exemption amounts
  – Structuring alternatives
• Long-range disposition planning and the importance of buy/sell agreements
  – What a buy/sell agreement covers and why you need it
  – Redemption vs. cross purchase agreements
  – Pricing methods
  – Life insurance and other insurance issues
• Estate, gift and income tax consequences to buyers and sellers
  – Competing goals and interests
  – Capital gain vs. ordinary income issues
  – Compensation issues
  – Valuation issues
  – Income tax basis issues
• Impact of anti-estate freeze rules
  – Use of non-voting stock
  – Stock recapitalizations
  – Other retained interests
  – Gift tax valuation issues
• Lifetime sales of business interests
  – Structuring alternatives
     – Cash sales
     – Traditional installment sales
     – Self-cancelling installment sales
     – Sales for private annuities
  – Allocation of purchase price
  – Post-sale compensation arrangements