ROUNDTABLE: Business Succession and Estate Planning

  Business Owner’s Guide to Survival, Growth and Wealth

Breakfast Roundtable Discussion - Tuesday, December 15, 2015

The fourth Business Owner's Guide to Survival, Growth and Wealth roundtable discussion on "Business Succession and Estate Planning" outlined the steps necessary to create a viable succession plan for your business, including:

  • Determining the goals and objectives of the current owner
  • Identifying successors and defining their roles
  • Training and mentoring the next generation of managers
  • Minimize transfer taxes and provide liquidity to the Founder during his life and to his estate at death
  • Creating a Transition Plan that incorporates tax efficient techniques for the transfer of wealth and control
  • Sale of Stock to the next generation vs. gifting of such stock

Additionally,it addressed questions regarding:

  • How do I retain key employees during the succession process?
  • When is it appropriate to bequeath some part of the business to a spouse?
  • How do I devise an overall estate plan that meets the needs of my business succession plan?
  • How does the founder assure that he or she has sufficient income upon retirement?

The discussion was led by leading authorities in business succession and estate planning, including:

Morris W. Banks, Succession Planning Attorney, Pullman & Comley

David Rosenthal, CPA, Partner, BlumShapiro

December 15, 2015


7:30 a.m. – 8:00 a.m.: Registration and networking
8:00 a.m. – 9:00 a.m.: Breakfast and discussion

Pullman & Comley, LLC
90 State House Square, 14th Floor Boardroom
Hartford, CT 06103