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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20220310T170000Z
DTEND:20220310T181500Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:2022 Business Succession & Preparing for New Tax Proposals: Assuring the Successful Continuation of Your Company
DESCRIPTION:In understandable language\, MCA business owner members will learn about proposed tax law changes that could have a direct impact on their overall wealth. In addition\, there will be discussion surrounding vital strategies in the areas of business succession and wealth preservation as well as the eventual transition of assets (with a special focus on the business).\n\n \n\nTypically\, the more successful business owners become\, they also become more vulnerable. Accordingly\, techniques will be discussed showing how to combat those vulnerabilities and assure that the business remains ongoingly successful!\n\n \n\nAmong the areas of focus will be why profitable businesses ultimately fail\, the importance of business owners coordinating business succession plans with estate plans\, addressing active vs. inactive children within a family business (does it make sense to leave the business and related businesses to all your children?)\, liquidity issues\, valuation methodologies that will satisfy the IRS while lowering the tax bill\, the proper type of buy-sell agreement that allows for maximum tax savings/cost efficiency and frequent insurance funding mistakes that oftentimes result in massive tax liabilities that could have been legally avoided.\n\n \n\nThe session concludes by tying in many of the areas of the seminar discussion into a compelling real-life family business case!\n\n \n\nThis session drives home the point that as an MCAKC business owner when it comes to business succession and estate planning\, you must know more than you have 'something in place' and realize that the specifics of the plan directly correlate to the success and outcome of your plan.
X-ALT-DESC;FMTTYPE=text/html:<span style="color:black\;"><span style="font-family:helvetica\,sans-serif\;"><span style="font-size:10.5pt\;">In understandable language\, MCA business owner members will learn about proposed tax law changes that could have a direct impact on their overall wealth. In addition\, there will be discussion surrounding vital strategies in the areas of business succession and wealth preservation as well as the eventual transition of assets (with a special focus on the business).</span></span></span><br />\n&nbsp\;<br />\n<span style="color:black\;"><span style="font-family:helvetica\,sans-serif\;"><span style="font-size:10.5pt\;">Typically\, the more successful business owners become\, they also become more vulnerable. Accordingly\, techniques will be discussed showing how to combat those vulnerabilities and assure that the business remains ongoingly successful!</span></span></span><br />\n&nbsp\;<br />\n<span style="color:black\;"><span style="font-family:helvetica\,sans-serif\;"><span style="font-size:10.5pt\;">Among the areas of focus will be why profitable businesses ultimately fail\, the importance of business owners coordinating business succession plans with estate plans\, addressing active vs. inactive children within a family business (does it make sense to leave the business and related businesses to all your children?)\, liquidity issues\, valuation methodologies that will satisfy the IRS while lowering the tax bill\, the proper type of buy-sell agreement that allows for maximum tax savings/cost efficiency and frequent insurance funding mistakes that oftentimes result in massive tax liabilities that could have been legally avoided.</span></span></span><br />\n&nbsp\;<br />\n<span style="color:black\;"><span style="font-family:helvetica\,sans-serif\;"><span style="font-size:10.5pt\;">The session concludes by tying in many of the areas of the seminar discussion into a compelling real-life family business case!</span></span></span><br />\n&nbsp\;<br />\n<span style="color:black\;"><span style="font-family:helvetica\,sans-serif\;"><span style="font-size:10.5pt\;">This session drives home the point that as an MCAKC business owner when it comes to business succession and estate planning\, you must know more than you have &lsquo\;something in place&rsquo\; and realize that the specifics of the plan directly correlate to the success and outcome of your plan.</span></span></span>
LOCATION:Zoom
UID:e.9269.189
SEQUENCE:3
DTSTAMP:20260501T223911Z
URL:https://www.pmsmca.com/events/details/2022-business-succession-preparing-for-new-tax-proposals-assuring-the-successful-continuation-of-your-company-189
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