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Tax and Practical Aspects of Business Succession Planning
Date: Monday, July 23, 2018
Sponsored by Lorman Education Services
Gain a better understanding of how to preserve and protect enterprise value, common errors made in the process, and strategies for reducing taxes associated with business transitions.
Small & Medium Sized Enterprises ("SME") are where Americans create wealth. SMEs represent half of the U.S. GDP. By 2020, 70% of U.S. firms will be owned by persons 55 or older, half will be owned by persons over age 65. Very few of these owners know to realize the wealth from Enterprise Value of their business at retirement.
Many SME owners feel they are owned by their business, and cannot retire. Failure to plan for succession destroys wealth, it is that simple. It is hard enough to make a well-planned transition work, many still fail, without planning the chance of the business and the wealth it represents continuing are minimal. Business succession has become a national imperative, and creates enormous opportunities for qualified advisors to assist SME owners with both personal retirement and enterprise planning.
This Live Webinar Covers These Hot Issues:
The Transaction – Taxation and Other Pitfalls
Preserving and Protecting Enterprise Value – After Transition
Credit Information (Sponsored by Lorman Education Services):
For Detailed Credit Information page click here
Kevin D. Quinn, J.D., Legacy Counsellors, P.C.
(Not available outside the US)