Business Succession and Exit Planning — 1 New York Professional Practice Credit

Business Succession Planning is a critical aspect of business ownership. In this one-hour program, recorded on September 29, 2025, Dr. Bart Basi, Esquire outlines key steps in effective succession planning.

Dr. Basi has expertise in the areas of financial accounting, business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely held and family businesses. He speaks nationwide, writes, and researches on all of these areas. He has written five books, fourteen workbooks, over 300 articles, and has worked with hundreds of businesses and associations. Dr. Basi is the author of "The Tax Report," a bi-monthly report on income and estate tax matters for closely held businesses, "Accounting and Taxes," a monthly column distributed to individuals and trade journals, and the "Tax Advisory," a monthly advisory for closely held and family businesses.

Major topics include:
What is succession planning?
Selecting professionals
How to choose a successor
Valuing the business
Buy-sell agreements
Planning with trusts
Planning with life insurance
Estate tax laws
Concluding suggestions