Business Succession Planning — 3.5 Virginia General Credits

This 3.3-hour May 26, 2009 presentation by Louis A. Mezzullo, Esquire provides a useful and comprehensive explanation of all of the aspects regarding planning for business succession. Mr. Mezzullo, a partner in the Rancho Santa Fe, CA office of the Luce Forward law firm, gives you valuable suggestions, warnings and much more.

Major topics include:

Introduction

• definitions, need and purpose

• characteristics

• liquidity needs

• issues facing, and goals of, the business owner

Disposition of The Business

Providing Liquidity/Exit Strategies

• ESOP example

• sale to a grantor trust example

• use of a Grantor Retained Annuity Trust (GRAT)

• qualifying for installment payment of Federal estate taxes (IRC Sec. 6166)

• using life insurance for liquidity

Business Succession Planning Process

• evolution of the business

• steps to, and implementation of, a successful plan

Special Considerations

FORMS: For fully-editable downloadable forms in many categories, please go to www.NLFforms.com.

BOOKS FOR LAWYERS: Over 40 useful books on important legal issues facing attorneys are now available for immediate download at www.NLFforms.com. (Reading books without also listening to or viewing a recorded seminar earns NO CLE credits.)

If you need credits in multiple states you MUST click here before placing your order for important information.

Price: $69.00

VSB ID or Member #: (required)

Course approved for these credits (and Expiration Dates When Applicable):
If you need credits in multiple states you MUST click here
before placing your order for important information.

AK — 2 General Credits
AZ — 2 General Credits
CA — 2 General Credits
CO — 3 General Credits, Expires 12/31/13
DE — 2.1 General Credits, Expires 5/26/13
FL — 2.5 General Credits, Course # 83121, Expires 1/8/13
GA — 2.1 General Credits, Expires 12/31/12
IL — 2 General Credits
IN — 2.1 General Credits, Expires 2013-07-31
KY — 2.25 General Credits, expires 6/30/13
LA — 2.13 General Credits, Expires 2013-08-31
ME — 2.13 General Credits
MO — 2.5 General Credits
MT — 2 General Credits
NV — 2 General Credits, Course # nlff11-VD
NJ — 3 General Credits
NM — 2.1 General Credits, taped 5/26/11
NY — Ineligible for NY CLE Credit
NC — 2 General Credits, Expires 2012-12-31
OR — 2 General Credits
PA — 2 General Credits
TN — 2.00 General Credits, Expires 2013-07-31
TX — 2 General Credits, Expires 6/30/13
UT — 2 General Credits, Expires 12/31/12
VA — 2 General Credits, Expires 2013-10-31
VT — 2 General Credits, Expires 2013-05-26
WA — 2 General Credits — Activity ID #286954
WV — 2.5 General Credits

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Call (302) 656-4757

Offline Study Alternative

Many states also permit CLE credits to be earned by study of email delivery, audio CD, and flash drive courses. For these offline study options and to Share and Save go to www.NLFcle.com.

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