Strategies and opportunities for effective tax planning and estate transfer will be presented with 1-2 solutions per topic proposed for breakout groups to discuss.
Learning Objectives:
- To be able to recognize family business tax and estate transfer issues that the business owners have not addressed,
- To be able to pose more than one solution and describe the outcomes each offers by taking into consideration various strategies incorporating entities, trusts and insurance.
About the Presenters:
Learn from industry experts Kathleen Adams, CFP and Life Insurance Strategist, Mayer Nazarian, Transactional Tax Attorney, and Natalie Stenmark, Estate Planning Attorney.
*Please Note: This meeting is free to attend virtually. If you are attending virtually, please register here through Zoom. If you are attending in-person, please use the button on the right.
Thank you to our Sponsors
Event Details
Virtual Location: Zoom
Who Should Attend?
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Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
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CPAs/Accountants
Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.
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Financial Advisors
One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.
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Wealth Managers
You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.
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Valuation Analysts
Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.
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Investment Bankers
Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.
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Estate Planners
Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.
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Strategic Consultants
One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.
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Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.
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Mergers & Acquisition Advisors
Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.
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Commercial Lenders
One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.
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Family Business Advisors
More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.
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Other Professional Advisors
Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at www.EarnCEPA.com.
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Private Business Owners
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Members of Family Business Boards
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Professional Advisors
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Business Consultants
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Other Business Professionals
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Business Owners
EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
ABOUT THE PRESENTERS
Meet Mayer Nazarian:
Mayer Nazarian is a business transactional and tax attorney uniquely training with top regional and national tax firms. His clients benefit from his breadth and depth of accoutning and legal experience, as well as exposures to a wide range of business and structures.
Mayer assists business owners in developing optimal tax strategies at all stages of an entity’s lifecycle, from formation throughout operations, until sale or dissolution.
While tax is a significant part of Mayer’s practice, he takes a holistic approach and recognizes that factors like income tax, estate tax, business transactional law, real estate law, etc. may need to be addressed as well.
Meet Kathleen Adams:
Kathleen Adams is a fee-based financial planner and insurance planner with the Fraser Financial Group, the Mass Mutual agency in Beverly Hills. Kathleen is the author of The Complete Estate Planning Guide, a Penguin paperback designed for the layman that has sold nearly 2 million copies. Its focus is on ways to strategically build, then transfer an estate, including business succession planning and charitable giving.
Kathleen works with business owners and families to help them define business succession, retirement and estate planning goals and the meaningful lifestyle and family dynamic issues that make financial planning relevant to the lives clients want to live.
To help implement their plans, she does simple to very sophisticated annuity, life, disability and long-term care insurance planning to create appropriate safety nets and leverage for business buyouts, key person retention and estate transfer goals.
Kathleen works with clients’ advisory teams of financial, tax and legal advisors to make sure all planning is coordinated and enhanced by the insight and expertise of each. The focus is on first creating context and defining the outcomes clients want to achieve, then on implementing the most relevant strategies to see that those outcomes are reached.
Meet Nathalie Stenmark:
Nathalie Stenmark is an attorney in the Private Client Services department at Proskauer. Her practice focuses on all aspects of estate planning, charitable planning, and wealth preservation for business owners, entrepreneurs, and other high-net-worth individuals. Nathalie also handles probate and complex trust administration matters, resolving disputes between fiduciaries and beneficiaries, and advising clients with respect to marital agreements.
Prior to her career as an estate planning attorney, Nathalie worked in wealth management at UBS in Zurich.
