Many closely held businesses are S Corporations, reflecting the historic preference of entrepreneurs for the tax advantages of S Corps. However, those benefits come with many restrictions on ownership and capital structure, all of which pose substantial challenges for fiduciaries managing or planning with S Corp stock. This program will provide you a guide to fiduciary administration of S Corp stock, including the lifetime transfer of S Corp stock to trusts, custodial and trust techniques for managing S Corp shares, and post-mortem considerations once a S Corp shareholder dies. The program will discuss S Corps and their interrelationship with the martial deduction and planning for the benefit of children.
The Institute of Certified Bankers
This program received the following breakdown of continuing education credit,
To obtain continuing education credits, ICB members should submit their credits electronically at http://www.icbmembers.org.
C. Wells Hall III, Partner, Mayer Brown LLP, Charlotte