Cancelled: Estate Planning Business Issues (111198-12)
Description
There are many specific estate planning issues that deal with business
ownership, valuation, and succession matters. As financial advisors,
practitioners need to know the estate planning issues facing their
clients who own closely held businesses. This course will help the
practitioner deal with this niche client base.
Learning Objectives
To provide an understanding of estate planning business issues relevant to closely held business owners
Major Topics
When to use a buy-sell (business continuation) agreement
Advantages
of using a trustee in a buy-sell agreement
Both the tax and non-tax
benefits of a family limited partnership
When a family limited
partnership is recognized for income tax purposes
How to use an estate
freeze as a planning tool
Overview of incorporation
When to use the
Section 303 stock redemption as a planning tool
How the accumulated
earnings tax works
Requirements of an LLC and tax implications
Overview of numerous valuation rules under IRC Section 2031
Understanding of IRC Sections 2701 through 2704
How to plan for
valuation discounts in closely held businesses
How to avoid pitfalls
in planning for discounted asset values
