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.
Attorneys who prepare special needs trusts may be called in by personal injury attorneys to provide advice regarding the type of trust to use, allocation of a settlement, options for provision of support, the need for or eligibility for public benefits, management of liens and claims, investment models, and taxation. This presentation will provide an outline of the techniques crucial to providing this type of advice to these attorneys and the individuals and families that they represent, including an overview of Qualified Settlement Funds (QSF’s) and Medicare Set-Asides (MSA’s).
Originally presented as part of the 5th Annual Special Needs Institute
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.