Implementing Your Business Transition Plan
NOTICE:
AF offers all resources at no cost to those who commit to using them.
Implementing Your Business Transition Plan
A good business transition plan only works if properly implemented. This plan may include the following: structuring a financially viable deal for the buyer that enables the business to continue; providing for later life needs of the seller; equalization of inheritance among family members; minimizing taxation; and charitable gift planning. This session covers all these aspects, reviews the essential legal documents required, and provides common pitfalls to avoid.
GALEN MARTIN is a public accountant and managing partner of Martin Accounting Services in Myerstown, Pennsylvania, which prepares tax returns for individuals, partnerships, LLCs, and corporations. He also provides payroll service and assists in tax and estate planning. He has been in business since 1970.
