This course will address various factors that must be considered in advising the family owners and operators of a business. A selection of problems, case studies and hypotheticals will provide the basis for discussions throughout the semester. Each week, various aspects of the planning process from entity formation to sale or termination will be explored, and potential solutions or courses of action plotted and evaluated. The seminar has been designed to provide insight into the intersection of substantive law and the conflicting needs and agendas of the family members, shareholders/owners and officers/employees of a family business. Issues that will be examined in detail will include: form of business entity; business prerequisites; buy-sell arrangements; transfers to family members; control and operational issues; family investments outside the business; valuation of the business; and intrafamily personality dynamics.
|W 5:30-7:20 PM||Online Meeting|
This is a Graduate Tax Program course. JD students must obtain permission to register from Andrew Weiner, Director of Grad Tax Program.
You must have completed the following courses before enrolling in this course:
- LAW G513 (Estate Planning I) or LAW G803 (Estate Planning I)
- LAW 0600 (Taxation)