In our complex financial world, as the scene from Jerry Maguire says, “show me the money,” we are constantly asked to find the hidden assets and trace the flow of cash. This also becomes important in closely-held businesses that are considered “cash businesses.” This program will review techniques for finding these items, how to shape your discovery requests effectively, and the impact on business valuations.
After a year with the Biden-Harris Administration, what changes can we expect that will impact the financial implications of divorce – from changes in our federal tax structure to impacts on business and the value of closely held companies and the significant changes to Estate taxes.
This series covers succession planning basics; employment law for business sellers; the ins and outs of estate planning for closely-held businesses; understanding transactions; understanding family business, shared wealth and power; and transitioning out of the business.
Learn about the various types of business entities and how to select the appropriate entity. Understand the management, organizational structure, and tax advantages/disadvantages of the S Corporation. In addition, review the fiduciary duties of business owners and shareholders for different types of business entities.