Business Planning Strategies – Tips, Traps, and Common Mistakes in Estate Planning for Business Owners
Business Planning – Tips, Traps, and Common Mistakes in Estate Planning for Business Owners
October 24, 2022
Speakers: Ann Burns J.D. and Justin Whitney J.D.
About the presentation: The presenters will discuss how best to assure a successful estate and business succession plan for the family and the business. This session will cover coordination of the business owner’s estate plan, including choosing fiduciaries, analysis of liquidity needs of the business, the estate, and the family, coordinating corporate documents with estate planning documents, assuring short- and long- term business continuity and communicating the plan details within the company and the family.
To register for this session, go to www.epcstlouis.org and click the link for the session. CPAs - In order to be awarded the full credits, you must be responding to three out of the four polling questions asked during the program.
The sponsor assures that the program content and program level is appropriate for the intended participants.
Continuing Education
CPE Information for CPAs
The sponsor assures that the program content and program level is appropriate for the intended participants.
Participants will:
Learning Objectives
Participants will understand how better to coordinate a business owner’s estate plan with the business succession plan, including how to advise clients to choose fiduciaries, analyze liquidity needs of the business, the estate, and the family, assure short- and long- term business continuity and communicate the plan details within the company and the family.
Participants will earn 1.0 CPE credit.
Field of Study: Specialized Knowledge
Additional Information:
Additional Information Prerequisites: Basic
Who Should Attend: This presentation is aimed at lawyers, accountants, trust officers and other estate planning professionals with a background in estate planning topics
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Live and Internet Based
Refunds and Cancellations: All attendees are required to register in advance. In person $28-member, $50-guest. Zoom - $20-member, $45 guest. If you reserve and are unable to attend, please cancel your reservation at least 24 hours in advance of the meeting to receive a refund or a credit for a future meeting. For more information regarding refund, complaint, and/or program cancellation policies please contact our offices at 314-520-3564.
Estate Planning Council of St. Louis is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org}
National Registry of CPE Sponsors Number 109467
CTFA
CTFA 1.25 CE credit
CFP
Learning Objectives
Participants will be able to:
Participants will understand how better to coordinate a business owner’s estate plan with the business succession plan, including how to advise clients to choose fiduciaries, analyze liquidity needs of the business, the estate, and the family, assure short- and long- term business continuity and communicate the plan details within the company and the family.
Speaker Bio:
Ann B. Burns Introduction Bio Ann Burns is a member of the Trust, Estate and Legacy Planning group at Lathrop GPM. Her practice focuses on estate and charitable planning, business succession planning, estate and trust administration, and fiduciary and tax litigation. Ann brings a unique mix of skills to her law practice as a certified public accountant and attorney. She represents multigenerational families of wealth throughout the country and individual and corporate trustees in fiduciary and tax matters. Ann chairs the board of a private client family office and is Immediate Past President of the American College of Trust and Estate Counsel.
Justin Whitney focuses his practice on estate planning, probate and trust administration, trust and estate litigation, tax planning, and drafting of trusts, wills, and corporate documents. Justin prepares basic and complex estate planning documents and implements sophisticated planning techniques on behalf of his clients. He also assists high net worth individuals and closely held businesses with business succession planning and tax planning, including the formation of corporations, partnerships and limited liability companies, and structuring of corporate reorganizations and recapitalizations.
EPCSTL has requested approval for continuing education in the following areas: Banking, CLE, CPE, CFP
---------------------------------------------------------------------------------------------------------------
