Considerable wealth is being generated in privately owned and managed businesses without a clear direction for future retirement or succession. Proactive thinking is required to facilitate a future transfer to the successor owners, either within the family or otherwise.
Because of the central role income tax plays in succession planning, the principal focus of the seminar-workshop was dedicated to providing participants with practical knowledge of important income tax planning considerations which should take place both before and during the succession process, however, the seminar-workshop also examined a number of key non-tax matters.