June 2020
Friday, June 19, 2020
Holding Business Interests in Trust
Topics to be covered:
- Dilemmas of operating companies in trusts – concentrated assets, speed, decision-making
- Concentrated assets and the fiduciary duty to diversify
- Counseling clients about the right trust for different asset classes
- Preserving S Corp status or other tax benefits in trust
- Business succession planning for family businesses
- Managing minority stakes in operating companies or assets
- Financial and tax administration traps
Faculty: Michael Sneeringer, Porter Wright Morris & Arthur LLP, Naples, FL and Missia H. Vaselaney, Taft Stettinius & Hollister LLP, Cleveland, OH