Business owners tend to wait until after an exit to ask “How can I shelter from taxes?”
They should start this type of financial planning and implement estate and tax strategies at least three years before a potential exit.
In this session, we will show business owners several strategies to implement years before a potential exit to help lessen the tax burden. We will show business owners pros and cons for each strategy.
Learning Objectives:
- Learn pre-liquidity strategies to consider and implement
- Learn estate planning strategies pre-and-post liquidity event
- Learn legacy planning and transfer strategies
About the Presenters:
Learn from industry experts Adam Sendzischew, Principle at Jones Lowry, Daniel Hudson, Partner at Berger Singerman, and President of the EPI Miami Chapter.
Event Details
Who Should Attend?
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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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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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Business Owners
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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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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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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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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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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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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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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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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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Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
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 Adam Sendzischew:
Adam D. Sendzischew is a Principal of Jones Lowry specializing in advanced life insurance strategies. Adam applies a global perspective and our values-driven approach to help integrate all aspects of his clients’ wealth planning. For almost a decade, Adam has worked with high net worth clients and their professional advisors to provide value-added planning solutions. Adam was named one of the Forbes Shook 2021 Top Financial Security Professionals. Adam’s areas of expertise include advising ultra-high net-worth families, both domestic and international, and their professional advisors on wealth transfer strategies, using innovative life insurance concepts as well as offshore Private Placement Life Insurance and Annuity products to solve the unique needs of ultra-high-net-worth individuals and families.Adam graduated in the top 2% of his class at the University of Miami with a Bachelor’s degree in Finance and Law before earning both an MBA in Finance and OperationsManagement. He is a Certified Financial PlannerTM(CFP®), a Chartered Life Underwriter (CLU®), an Accredited Wealth Management Advisor (AWMA®), and an Accredited Asset Management Specialist Advisor (AAMS®). He received his Project Management Professional (PMP®) designation from the Project Management Institute and holds the prestigious international planning designation (TEP) from the Society of Trust and Estate Professionals. He sits on the boards of Miami’s Citizen’s Board, The Florida Foster Care Review Board, and the Estate Planning Council of Greater Miami.
Meet Daniel Hudson:
Daniel W. Hudson is a Partner in the firm’s Miami office and a member of the firm’s Business, Finance & Tax Team and the International Tax Group.
Daniel frequently advises high net worth individuals, family offices, trust companies, private equity funds, as well as multinational corporations on addressing a variety of the US and cross-border business-related issues and international tax, trust, and succession planning issues. With a concentration on international taxation and business planning, Daniel’s practice includes (i) advising US and foreign individuals regarding design and implementation of cross-border business structures, acquisitions and joint ventures; (ii) addressing US federal and state tax (including treaty-related) issues for foreign clients investing or doing business in the US, especially with regard to inbound investments in US real estate and other issues involving the Foreign Investment in Real Property Tax Act (FIRPTA); (iii) advising foreign individuals who are considering immigrating or temporarily moving to the US and families with one or more members who are US citizens or are currently residing in the US; (iv) advising US individuals and corporations on structuring of foreign businesses and investments; (v) assisting US and foreign clients with US tax compliance and regularization issues (both federal and state); (vi) assisting US client with expatriation tax planning; and (vii) addressing trust and estate law, as well as any ancillary tax issues, in relation to US and foreign trusts and estates and cross-border families.
As a tax practitioner, Daniel represents taxpayers before the Internal Revenue Service in connection with audits, IRS Appeals, installment agreements, offers in compromise, penalty abatements, offshore voluntary disclosures, and other administrative matters. Daniel also represents businesses before the Florida Department of Revenue in relation to sales and use tax and corporate tax issues, as well as voluntary disclosures and workouts.