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IR Global

Understanding Client Motivations: Key to Making a Significant Impact

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Jeff Faulkner, co-founder of the International Succession Planning Association, speaks about the challenges that arise when transferring ownership of a business to the next generation. In the video, he points out the...more

Blank Rome LLP

Estate Planning for the Business Owner Series, Part 4: Document the Transfer

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Once a business owner has an understanding of the value of the business and the tax and cash flow impacts of the transfer, the next step is to document the transfer. This may be done by the client’s separate business legal...more

Mandelbaum Barrett PC

Legacy Planning for Family Businesses: Transitioning with Ease

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In the heart of every family-owned enterprise lies a story of hard work, dedication, and a vision for the future. These businesses not only represent a significant portion of the economy but also embody the legacy of...more

Ankura

Family Businesses and the Strategic Imperative of IPO Readiness

Ankura on

Family is the core of Arab society. It is no coincidence then that family businesses are the backbone of its economies. In fact, most private companies in the Gulf Cooperation Council (GCC) are family-owned (more than 60% and...more

Bradley Arant Boult Cummings LLP

What’s Love Got to Do With It – Why Negotiating a Buy-Sell Agreement Is a Good Idea Even Among Family Business Owners

Family members who enter into a private business together are taking on double risk. They face the same types of challenges that all owners and investors face in operating/investing in a business, but they are also exposed to...more

Allen Barron, Inc.

Business Succession Planning Podcast with Janathan Allen

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Allen Barron's podcast on Business Succession Planning focuses on one of the most important part of protecting an owner, member, partner, shareholder or investor in any company, and yet less than one in four businesses have a...more

Goulston & Storrs PC

Five Keys to Creating a Successful Family Entity

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Starting a family entity can bring family members closer as they build a new level of meaningful interactions together. Along the way, the venture may create wealth and opportunities, fulfill philanthropic goals, and create a...more

Robins Kaplan LLP

The Robins Kaplan Spotlight, Vol. 6 No. 1, Spring 2021 - When the Business Is All in the Family

Robins Kaplan LLP on

Workplace dynamics can be fraught with peril. Family dynamics can be even more treacherous. Add them together into a family business and the result can create a recipe for complex fiduciary relationships and potential...more

Davis Wright Tremaine LLP

When Selling a Family Business, Advance Planning Is Key

Selling a business is a complicated affair. Add to that the emotions and interpersonal dynamics involved in a family-owned business, and it's easy to see why many families wait too long to sell or experience less than stellar...more

Goulston & Storrs PC

To Sell Or Not To Sell: Five Things To Consider

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It’s the great American dream: Build a great company and then sell it for enough money that neither you nor the ones you love will ever have to worry about finances again....more

Davis Wright Tremaine LLP

Defining and Documenting Roles in a Family Business

Defining and navigating roles and responsibilities in any business is fundamental to the success of that enterprise. To create a culture of professionalism and accountability, every member of the team must have distinct and...more

Gray Reed

Family Matters: Can A Family Business Succeed Without Addressing Overlapping Business AND Family Issues?

Gray Reed on

Continuing to struggle with transitioning his family business to the next generation, Big Daddy Ernest Bux, 65, considers perhaps the most difficult task on his checklist: Insuring that both his management succession decision...more

Gray Reed

Family Matters: Can a Family Business Succeed Without a Written Exit Plan?

Gray Reed on

Continuing to deliberate about when and how to exit from his family business, Big Daddy Ernest Bux, 65, considers yet another task on his checklist: Determine Exit Strategy....more

Bradley Arant Boult Cummings LLP

Transitions in the Family Business: Hope Is Not a Strategy

If last week’s post summarizing the third panel from the Transitions in the Family Business: A Conversation with Family Business Owners and Leaders event piqued your interest in selling a family-owned business, you may have...more

Ward and Smith, P.A.

Closely Held Businesses: You Make the Plan, or a Plan Will Be Made For You

Ward and Smith, P.A. on

Who is the Better Planner for Your Affairs: You or the State? Planning for succession of a closely held business is a lot like making a will. An individual has the opportunity to make a will which directs how the...more

Davis Wright Tremaine LLP

Should a Family Business Consider an IPO as an Exit Strategy?

There are a multitude of ways to realize ownership transition–some simple, some complex, some a safe bet and some full of risks. For the ambitious, successful family-owned company that wants to make it to the big leagues, an...more

Bradley Arant Boult Cummings LLP

ESOPs: An Alternative Exit Strategy for Family-Owned Businesses

One of the most difficult challenges for owners of family-owned businesses is finding a way to turn their equity in the business into cash. Also, after putting years of hard work into a business, owners often have a desire...more

Downey Brand LLP

Tax Law Uncertainty Should Not Delay Farming Business Succession Planning

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President Trump promised and will pursue tax reform, but Congress must agree to any proposal. For the most part, a majority vote in both houses would allow tax reform for about a decade, and at least sixty Senate votes would...more

Moore & Van Allen PLLC

Jones Presents at NCBA Estate Planning and Probate Section Annual Meeting

Charlotte Wealth and Estate Planning Member Chris Jones spoke at the North Carolina Bar Association (NCBA) Estate Planning and Probate Section Annual Meeting in Kiawah Island, SC on July 28. The presentation titled,...more

Gray Reed

Selling Your Business: Why Accurate Financials are Important

Gray Reed on

This is the fourth installment of a series discussing potential pitfalls that JR and Sue Ellen Pawlenty, who own Pawlenty Energy, should be wary of when they are trying to sell their business. Recently, Tilting the Scales...more

Gray Reed

Successfully Selling Your Business: 4 Tips – No Matter the Buyer

Gray Reed on

Among the growing number of business owners looking to sell their business, JR and Sue Ellen Pawlenty are in the market to sell their company Pawlenty Energy. Recently Tilting the Scales highlighted Successfully Selling Your...more

Lewitt Hackman

Game Changer? Succession Planning Targeted by IRS

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The Department of the Treasury wants to place limitations on valuation discounts that are currently commonly used to reduce asset values in family-owned and closely-held businesses, in an effort to increase tax revenue. The...more

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