Advanced Estate Planning: Protecting Your Assets (10/06) Buy-Sell Agreements & Related Tax Issues; Choice of Family Business Entity, Recent Cases and Pension Protection Act of 2006
Buy-Sell Agreements and Related Tax Issues for the Closely Held Business
Introduction
Objectives of By-Sell Agreement
Planning considerations
Establishing the Value for Estate Tax Purposes
Other Tax Considerations
Special Considerations for S Corporations
Special Considerations for Partnerships
Special Considerations for Professional Corporations
Considerations in Valuing Interests in Closely Held Businesses
Special Considerations Applicable to Family-Owned Businesses
Introduciton to Business Succession Planning
Sale to an ESOP
Sample Agreements for Illustration Purposes Only
Choice of Family Business Entity for Estate Planning Purposes
Introduction
Desireable Characteristics
Entity Classification for Federal Tax Purposes
Comparison of Tax Attributes
Summary of Characteristics
Key Provisions in an LLC Statute for Estate Planning Purposes of the LLC Acts: Virginia, Delaware, Pennyslvania; Kansas; Missouri, New York, Illinois, and Arizona
Recent Cases Affecting Family Limited Partnerships and LLCs and Other Valuation Issues
