August 6, 2020

9:00 – 10:00am PT From “The Five Transition Goals”: The Difference Between Increasing Profitability and Net Cash Flow versus Increasing Enterprise Value; presented by Melisa Silverman, JD, CEPA, CVA, SBA, CMEA and Jeff Kates, MBA, CEPA

Business owners are often challenged with the need to take cash from the business to take care of their family versus wanting to reinvest into the business to build value for an eventual transition.  A thorough planning process begins with helping you figure out where you are, and then offering ways to navigate the potential ramifications of your choices.  For many, the greatest opportunity lies in transitioning from a Wisdom-driven Business which generates cash flow to fund livelihoods, to a Value-driven Business. Value-driven Businesses increase your options by systematizing the magic you’ve applied to creating success up to this point. They command stability for internal transitions, as well as the highest market value if owners decide to sell.  Join Melisa and Jeff to learn how driving for increase in value will expand your choices when the time comes.

12:00 – 1:00pm PT Trustee Training – Rights and Responsibilities; presented by Steve Mancini, Esq. and Richard Katzman, Esq.

A loved one has just passed away and now the successor trustee must serve as trustee of the living trust. Are they prepared to handle the myriad of questions regarding their rights and responsibilities, taxes, and investments in the different situations? Join Steve and Richard for an overview of the legal and procedural requirements of trust administration to assist trustees and their advisors to properly discharge their duties and avoid personal liability while preserving the important family relationships. The discussion is also the perfect opportunity to review the terms of your trust for this inevitability.

November 5, 2020

9:00 – 10:00am PT From “The Five Transition Goals:” – Align Owner, Team, and Family versus Solidifying Choices for Your Business Transition; presented by Melisa Silverman, JD, CEPA, CVA, SBA, CMEA and Jeff Kates, MBA, CEPA

One of the most common reasons business transitions derail is what we call Expectation Gaps. These are blind spots and pot holes that, once revealed, prevent a business owner from confidently executing their plan. When the full team has clarity and agreement around the Expectation Gaps, momentum drives us to the next phase, the development and implementation of Enhancement Initiatives.  By driving for increased value and internal alignment, we expand your choices. Those who decide to keep the business find that the Enhancements that increase value likewise improve workplace dynamics and drive cash flow. For those who choose to transition the business internally, the Enhancements stabilize the company to thrive financially during and after the transition.  Join us to review all internal and external business transition options: if, when, how, how much and to whom.

12:00 – 1:00pm PT The Alphabet Soup of Integrated Tax, Estate, Asset Protection, and Charitable Planning for Business Owners; presented by Joe Strazzeri, Esq. and Alexis Bastedo, Esq.

A summary of typical estate planning conversations followed by a survey of advanced estate planning techniques including estate tax exemptions, portability, charitable gifting, and discounting techniques. Learn the ins and outs of capital gains and income tax strategies as well as the alphabet soup, e.g., Charitable Remainder Trusts (CRT), Charitable Lead Trusts (CLT), Qualified Personal Residence Trusts (QPRT), Grantor Retained Annuity Trusts (GRAT), Family Limited Partnerships (FLP), and Liquid Asset Protection Trusts (LAPT). Gain knowledge of how life insurance can play an important role in these advanced plans.