Greater Chicago Chapter Event: The Succession Planning Primer

Registration Pricing

Pre-Event Registration $30




The Succession Planning Primer

Discussion on planning related to closely-held businesses with many moving parts to navigate.  Whether the client anticipates either a third-party sale or the passing of the business interest to his or her descendants, there is a protocol that should be followed to best ensure an economically and tax efficient disposition of the business.  In turn, such dispositions must meet the client’s personal legacy wishes, which may include the continuation of the going concern as well as the equitable distribution to his or her heirs.

Learning Objectives:

  • Know the key questions to ask to assess the issues. Create a client’s decision tree to ensure full disclosure of the client’s wishes and incumbent planning strategies.
  • Focus on tax planning strategies to maximize asset value with specific attention to proper buy-sell planning and the tax traps the can befall the unwary.
  • Hold a proactive discussion of asset protection strategies that should be integrated in the planning process.
  • Identify State-specific planning issues.
  • Identify valuation issues and traps.
  • Learn ways to reward “sweat equity” while maintaining fair and equitable handling of the business.




Charles F. Schultz, JD, CPA, Partner, Estate and Succession Planning Practice, FGMK

Chuck is the Partner-in-Charge responsible for the firm’s overall tax planning practice. Chuck is both a licensed C.P.A. and attorney with over 30 years of experience providing sophisticated international and domestic estate, income and business tax planning strategies for high net worth individuals and closely-held business owners.  Chuck has been both a frequent presenter and author providing guidance on a number of important topics faced by taxpayers today.


Continuing Educationdivider


CEPAs receive 1 CE credit

CPAs receive a certificate for 1 CPE credit