Description
Oftentimes in LLCs and partnerships, a compensatory partnership interest is intertwined with operational issues and dependent upon performance and profit. Structuring equity compensation plans that address business success as well as tax considerations is key to avoiding common pitfalls that can lead to disastrous tax consequences and disharmony between equity members.
As counsel, you must be aware of the range of scenarios and traps and know how to appropriately address these complicated compensation issues when advising on compensation income.
There are a wide range of standard and alternative compensation options for equity members of LLCs and partnerships, each bringing a set of advantages and disadvantages Join Anthony Epper, a seasoned professional in the practice of executive compensation, for an examination of the fundamental and complex aspects and tax considerations in structuring equity compensation arrangements used by LLCs and partnerships.
Topics include:
- Practical ideas for incentivizing and retaining executives within a partnership or LLC structure
- Tax implications of capital interests vs. profit interests
- Pros and cons of entity structures
- Member considerations, award strategies, and vesting schedules
- Forfeiture clauses and repurchase rights
- Documentation requirements
This webcast will be useful to any attorney counseling clients who are weighing the strengths and weakness of partnership compensation plans.