Business succession planning is complex. It involves bringing people into and out of business, shareholder considerations, asset protection and a range of tax implications. This session explores some of the key issues involved with taking care of business in the estate plan, including:
Bringing on new shareholders
Franking credits for the departing shareholder
Buy-sell funding and insurance
Dealing with retained earnings prior to exit
Using the small business CGT concessions
Business succession and the next generation:
Dividing up the estate when only some of the kids are interested in the family business
Contributing value back into the family
Option agreements
Ways to pass control
Patrick Ellwood is a lawyer with over a decade of experience assisting high net worth individuals and family business owners.
He is the founder of Clover Law, an Australian law firm specialising in tax structuring, estate planning, superannuation and asset protection.
He is a regular speaker for a range of private and professional bodies and is a published author of a number of legal textbooks.
This webinar is suitable for lawyers and accountants throughout Australia who advise in estate planning matters. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]