“What happens to my family and the business if I’m not around?” Your clients have probably asked this question and know estate planning is a priority, but sadly, many don’t engage in proper estate planning. And for those that have engaged in estate planning, they probably haven’t approached it holistically. This session’s focus is meant to help you, their trusted advisor, understand the landscape, spur action, and take steps towards addressing the unique needs of business owners. Through an expert panel, we’ll explore basic documents, when estate planning gets complex, and how to address the special circumstances around the business and the owners’ families.
Learning Objectives:
- Describe basic estate planning that everyone needs
- How and when does estate planning get more complex?
- How does it change as a person’s net worth increases?
- What can done for business owners with trusts?
About the Presenter:
Hear from industry expert Jim Carlisle, Joshua Rogers, J.D., Partner, Dinsmore & Shohl LLP, Nicolas Sasso, J.D., LL.M., Of Counsel, Porter Wright Morris & Arthur LLP and Ronald A. Gestiehr, CExP, Director of Wealth Management, Lifetime Financial Growth.
Event Location
Event Details
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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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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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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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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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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Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with 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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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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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
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Business Owners & Their Trusted Advisors
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 PRESENTER
Meet Jim Carlisle, J.D., CExP:
Jim is a business lawyer who has been practicing law for 32 years, proudly representing many significant business clients, serving as their outside general counsel, serving on boards of directors, and offering his judgment based on his experience related to important issues that clients encounter. Throughout the years, Jim has represented clients in connection with hundreds of complex domestic and international merger and acquisition transactions and hundreds of growth and exit plans.
As the Managing Partner of Dinsmore West Virginia, specializes in estate planning across Pennsylvania and West Virginia. He has planned and probated hundreds of estates, including significant estates with sophisticated estate, gift, and generation-skipping tax issues. Clients appreciate Josh’s ability to break down complex topics into easily digestible concepts, making the intricacies of estate planning easier to understand and act upon.
As Director of Wealth Management at Lifetime Financial Growth, leads one of Guardian Life Insurance’s top firms. With operations spanning six states and over 337 financial professionals managing $8 billion in assets, Ron’s expertise in life insurance and wealth management is unmatched. His experience will not only provide essential guidance on how to preserve your business wealth for future generations. Ron is most known for the genuine care he has for his client’s and their families, taking the time to fully understand them and their needs.
Representing Porter Wright, Nic is known for his accessibility, prompt responses, and dedication to his clients. Most of Nic’s practice is centered around efficient tax planning strategies for individuals, families and family owned businesses, and his hands-on approach ensures that business owners get the legal support they need when they need it.