Family businesses – large and small – are often the drivers of growth and innovation in the national economy, and employ a large share of the national workforce. Family businesses also come with their own unique estate planning and business succession challenges. This program will provide you an introduction to fundamentals of estate planning for closely held business owners. The program will also include a brief discussion of the many important advanced issues, including family dynamics and governance, buy-sell planning, GRATs, installment sales and post mortem strategies.
Liability protection and choice of entity
Probate avoidance and incapacity planning
Basic transfer tax planning, including tax efficient wills and revocable trust agreements
Life Insurance planning
The Institute of Certified Bankers This program received the following breakdown of continuing education credit, CTFA: 1.25 FP: 0.50 TAX: 0.75 To obtain continuing education credits, ICB members should submit their credits electronically at http://www.icbmembers.org.
Each price provides online access for 12 months after purchase.