Succession Planning
for Small Business Owners
Do you or some of your clients have a successful small businesses? What happens when you want to retire and it is time to transfer the business to new owners? Should it be transferred it to your children? What about estate and gift taxes? And if the businees is sold, what about capital gains taxes? What if you provided financing to the new owner and the business fails? And what if there are disagreements with co-owners? There are a lot of unique, high-stakes variables in these situations!
Join us for a breakfast presentation to learn about exit strategies for your clients (or even you!) and learn how to convert years of hard work into an income stream for retirement.
Some of the things you'll learn about:
- Transferring a business to new owners
- Gifting a business
- Estate & gift tax considerations
- Roles and responsibilities affecting the business
- Selling a business and capital gains
- Exit strategies and “cashing out”
Meet the Presenters:
Paul T. Czepiga
Attorney Paul Czepiga is a partner at the estate planning and elder law firm Czepiga Daly Pope & Perri. Since 1984, he has developed customized estate planning strategies for Connecticut residents of all ages and income levels. His MBA degree and dual licenses as attorney and certified public accountant provide him with a strong background to assist clients who require sophisticated techniques to accomplish their objectives of reducing estate taxes and preserving wealth for future generations.
Jeffrey S. Rivard
Attorney Jeffrey Rivard is an associate attorney at the estate planning and elder law firm Czepiga Daly Pope & Perri. For over ten years, Jeff has been helping clients with their estate plans to ensure solid, secure futures. He is a memeber of the National Academy of Elder Law Attorneys (NAELA) and is an Accredited Veteran's Claims Attorney.