Error loading player: No playable sources found
PFP1919
Family Business Succession Planning
Date
June 11, 2019
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: Advanced Personal Financial Planning (as part of AICPA ENGAGE 2019)
This includes sessions from AICPA ENGAGE 2019:
Family owned and operated businesses face unique challenges when preparing for and executing succession planning from one generation to the next. As family business owners contemplate passing the torch to the next generation, thoughtful preparation is key. The most successful businesses are proactive about identifying their future leaders and making an investment in their development. In this presentation, we will discuss current trends in succession planning, why it can be difficult to get started and best practices for engaging and preparing the next generation for increased responsibilities as part of a comprehensive approach to business transition planning.
Learning Objectives:
- Understand the unique opportunities and challenges faced by family business owners who are contemplating succession planning.
- Provide best practices for engaging and preparing the next generation for increased responsibilities in the family business.
Speakers
Senior Director, Institute for Family Culture, Abbot Downing
Senior Director of Advice | Advice and Planning Center of Excellence, Wells Fargo Wealth & Investment Management
General
Related Products
IRA Planning Update (TAX, PFP)
This session will cover the best retirement tax planning strategies, after tax reform. The program will show advisors how to increase consulting income by identifying the planning areas where CPAs and other financial planners can add the most value to clients…
Transitioning to Medicare
The transition from employer insurance to Medicare is fraught with confusion…
Behavioral Aspects of Portfolio Construction
When constructing client portfolios, we often focus on the logical and analytical aspects and forget that our clients make decisions based on the more behavioral and psychological factors…
SALT Limitations and Charitable Planning for Tax Purposes
The doubled standard deduction and the $10,000 SALT cap shattered normal itemized deduction planning. Planning to mitigate the cost of the SALT cap is possible and often prudent. Moreover, the changes compel the charitably inclined to embrace more complicated strategies…
