Continuing the Legacy Seminar - Estate Primer
From its inception, Smith & Gesteland has focused its services on the unique issues faced by the owners of family businesses.
Proprietors of such closely-held businesses often turn to us and our decades of expertise for assistance in training their future leaders. Before these up-and coming leaders can successfully transition into business owners, they must be given the opportunity to develop the requisite knowledge and skill required to successfully handle the numerous issues that family businesses face in the modern economy.
- Estate Planning 101 – Ben and Melissa will introduce the best estate planning strategies for tax reduction, tax deferral, probate avoidance, and efficient administration, and discuss the key documents that comprise an estate plan.
- Fiduciary Appointments and Duties - The appointment of friends, family or financial institutions is among the most important decisions facing estate planning clients. Ben and Melissa will outline the role each plays in the administration of an estate plan during a client’s lifetime and at death, and highlight the costs and benefits of naming institutional fiduciaries.
- Business and Succession Planning – Ben and Melissa will discuss the special issues facing business owners and their families in the estate planning process, and summarize the best strategies to facilitate a smooth business transition for both outgoing owners and future generations.