Tax, Financial and Estate Planning for Family Business and Investment Entities (Completed)

Family business and investment planning and the use of multiple entities to accomplish maximum wealth preservation, with income and gift and estate planning goals, is the core area for this proactive webcast.

Author-instructor Owen Fiore, having over 40 years of experience in estate planning and tax litigation, will present case studies based on real-life situations that will underscore the importance of an integrated approach to planning. New tax proposals and recent court decisions and rulings will be highlighted during this course emphasizing how to design, implement and monitor a successful estate plan involving family business entities.

Who Should Attend
CPAs and other financial advisors

Topics Covered

• Proper choice and combination of entities (FLPs, corporations, LLCs and trusts)
• Equity and management succession
• Buy-sell agreements
• Compensation planning
• Grantor trusts, life insurance planning and trusts
• Charitable planning alternatives
• The importance of “fair market value” determination and uses of valuation discounts

Learning Objectives

• Evaluate a client family’s personal and financial goals so as to develop an integrated wealth preservation plan
• Determine the appropriate combination of entities and estate planning techniques suitable for clients with various levels of wealth
• Estimate and explain the income and estate tax consequences, including use of pro forma calculations, of the selected estate plan, both as to inter-vivos and testamentary elements thereof
• Utilize various wealth transfer techniques, including gifts, loans, opportunity shifting, sales, and both grantor and other forms of trusts
• Analyze valuation concepts and issues involved in family wealth preservation, including various uses of valuation discounts.
• Design, propose and manage an effective estate plan, with the participant acting as a team player with other tax and financial planning professionals

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (4 hours)

Program Prerequisites
None

Advance Preparation
None