Sale of a business is a complicated process. This presentation provides a high level overview of issues to be addressed to reduce the impact of income, capital gains and estate taxes when selling a business, with a particular focus on what kind of trust structures are available for this purpose. The presentation also reviews the fiduciary responsibilities of a trustee of a trust utilized as part of a business owner’s sale strategy and reviews considerations in selecting a trustee, including comparing a corporate fiduciary vs. a private fiduciary.
- To understand what steps a business owner may take prior to a sale of a business.
- To understand planning options available to business owners and timing of events, including the creation and funding of various trust structures.
- To understand pros and cons of using a corporate trustee.
About the Presenters:
Learn from industry experts, Alla Kutz, Fiduciary Specialist- Senior Wealth Manager, BNY Mellon, and Elizabeth Glasgow, Esq., Partner, McDermott, Will and Emery.Meet the Presenters
Thank you to our Sponsor:
This meeting will be held at The Jewish Community Foundation.
Address: 6505 Wilshire Blvd., Los Angeles, CA 90048