Description
Session 7: Hot Topics
Join us for this annual program! Get the business and tax planning solutions you need to build enduring family business succession plans.
Improve your clients' chances of achieving long term generational wealth. Approximately 30% of all family-owned businesses pass to a second generation, with only 12% reaching a third. Less than 5% see a fourth-generation or more. Many family business owners aspire to see their enterprises thrive for generations but often overlook the critical planning required. Others lack the expertise to integrate business and tax decisions into a cohesive succession plan. In these cases, family businesses rely on expert legal counsel for guidance.
Prepare yourself with legal resources you’ll need to answer your clients’ questions with this one-of-a-kind course. The legal insights shared by our expert faculty will help you better the odds for your family business or the ones you represent.
Whether you advise or own a family business, or are an estate planner seeking advanced guidance on closely-held business challenges, this comprehensive webcast is for you. Gain focused analysis, practical approaches, and innovative solutions to tax, business, and estate planning challenges from our expert faculty—all from the convenience of your office. Join us for an in-depth exploration of these crucial topics:
- Preparing for Succession or Planning a Dissolution: Best practices for guiding client discussions.
- Protecting Buy/Sell Agreements from IRS Attacks: Strategies to ensure your agreements withstand scrutiny.
- Tax-Savvy Business Structure Strategies: Optimizing family business structures from a tax perspective.
- Beyond the Basics of the Corporate Transparency Act (CTA): Tackling practical and unanswered questions.
- Trust Modification Planning: Insights in light of CCA 202352018.
- Key Employee Developments: Regulations governing noncompetes and employee vs. independent contractor issues.
- Safeguarding Wealth: Proactive measures to address Chapter 14 challenges in family business plan.
This comprehensive program on estate planning for family business owners is designed for estate lawyers, accountants, those who advise privately-owned family businesses, and those who own private businesses.