Estate Planning for the Family-Owned Business
Effective Strategies for Business Transfer Through Inheritance, Gift or Sale
Recording of a 90-minute CLE webinar with Q&A
This CLE course will prepare trust and estate attorneys to develop business succession strategies for family owned businesses. The panel will outline best practices for ownership transfer through inheritance, gift, sale or charitable gift.
- Methods to transfer interest
- Charitable Donation
- Succession planning for different business structures
- Active/Non-active family members in business succession
- Importance of business valuations
- Buy-Sell agreement
- Income and gift tax considerations
- Funding Sources
The panel will review these and other key questions:
- What are the most common and effective methods of business interests transfer for the family-owned business?
- What are the major tax issues involved in estate plans that include a family-owned business?
- What issues should be addressed in considering the buy-sell agreement, the business valuation and the source for funding a possible sale of the business?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Lommen Abdo Cole King & Stageberg
He is chair of the firm's Estate Planning Practice Group, and assists individuals and closely-held businesses with... | Read More
He is chair of the firm's Estate Planning Practice Group, and assists individuals and closely-held businesses with tax, business and all aspects of estate planning. He counsels business owners on business succession and coordinated estate planning, and advises families on transfer of assets during lifetime or upon death. He frequently speaks on estate and tax planning issues.Close
Annino & Ligon
He practices in the areas of business and commercial law, estate planning and probate, and tax law. He represents... | Read More
He practices in the areas of business and commercial law, estate planning and probate, and tax law. He represents clients in forming new business entities and joint ventures, drafting and analyzing wills and trusts, and strategizing, negotiating, and implementing mergers and acquisitions and tax-deferred exchanges. He is active in the ABA and published articles in ABA Journal and Law Trends.Close
Scott R. Zucker
The Zucker Law Firm
His practice is dedicated to estate planning and complex trusts. He also maintains a financial planning practice with... | Read More
His practice is dedicated to estate planning and complex trusts. He also maintains a financial planning practice with an aim to provide clients with a full range of comprehensive planning strategies. His practice encompasses Virginia, Maryland and Pennsylvania. He is a frequent author on estate planning issues.Close
Martin S. Varon
Alternative Resolution Methods
He is a CPA, CVA, CEBS, Certified in Financial Forensics, accredited in Business Valuations by NACVA, and is a... | Read More
He is a CPA, CVA, CEBS, Certified in Financial Forensics, accredited in Business Valuations by NACVA, and is a Certified Financial Neutral in Collaborative Law. As a Principal of Alternative Resolution Methods, he is a consultant and expert witness in financial valuations and forensic and investigative accounting. He published numerous articles and is a frequent speaker at bar conferences.Close