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Key Issues in Succession Planning: Buy-Sell Agreements, Equity Grants, Profits Interests, Tax Considerations

Note: CLE credit is not offered on this program

A live 110-minute CPE webinar with interactive Q&A

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This program is included with the Strafford CPE+ Pass. Click for more information.
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Wednesday, July 9, 2025

1:00pm-2:50pm EDT, 10:00am-11:50am PDT

Early Registration Discount Deadline, Friday, June 20, 2025

or call 1-800-926-7926
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This webinar will explain the fundamentals of business succession planning. Our panel of notable federal tax attorneys will cover strategies, including implementing buy-sell agreements, equity grants, and providing profit interests to facilitate these transfers.

Description

There are several means to transfer ownership of a business. For example, a company may be gifted to or sold to family members, sold outright to an outside party, or purchased by key employees. Proper early planning is crucial to a successful and seamless transition, regardless of the method chosen.

A buy/sell agreement can facilitate the transfer of a business after an owner's death. The terms of the agreement may include a cross-purchase or redemption arrangement or both. Life insurance is often used to fund these transfers. Having a proper plan in place before death can avoid ownership challenges and operational issues after death.

A business owner might choose to convey the business to key employees. Offering a profit interest, restricted stock units (RSUs), or stock options are a few ways to reward employees. A profits interest, however, entitles the employee to a percentage of future profits rather than an equity interest or shares. RSUs encourage employees to stay until they are vested, but this choice transfers control gradually and is rife with tax complexities. Business owners and their tax advisers need to understand the options for transferring ownership of a trade or business to selected heirs.

Listen as our panel of knowledgeable legal advisers identifies the methods available to convey business ownership and explains the pros and cons of each approach.

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Outline

  1. Fundamentals of succession planning
    1. Key issues
    2. Overlooked basics
    3. Tax issues
  2. Buy/sell planning
    1. Structure
    2. Key provisions
    3. Estate matters
  3. Key employees
    1. Equity grants
    2. The many flavors of equity grants
    3. Profit interests
  4. Excessive compensation issues

Benefits

The panel will cover these and other critical issues:

  • Types of buy/sell agreements
  • Transferring a business to key employees
  • The tax implications of equity grants
  • Excessive compensation issues in business succession planning

Faculty

Berkman, Jeffrey
Jeffrey W. Berkman, Esq., LL.M.
Founding Partner
Falcon Rappaport & Berkman

Mr. Berkman focuses his practice on corporate and securities law matters. He represents entrepreneurs, domestic and...  |  Read More

Foreman, Matthew
Matthew E. Foreman, Esq., LL.M.
Partner, Co-Chair Taxation Practice Group
Falcon Rappaport & Berkman

Mr. Foreman co-chairs FRB’s Taxation Practice Group and advises businesses on the tax effects of a variety of...  |  Read More

Attend on July 9

Early Discount (through 06/20/25)

CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.

Cannot Attend July 9?

Early Discount (through 06/20/25)

CPE credit is not available on downloads.

CPE On-Demand

See NASBA details.