Prominent attorney, H.F. “Rick” Riebesell, has drawn from his extensive experience to bring you insightful strategies and relevant forms for virtually every business succession situation you may encounter, in this one-volume manual featuring a bonus CD-ROM with more than 30 electronic forms.
This extensive, updated Manual, with more than 700 pages of content, provides all the necessary elements needed during the business succession planning process. The manual focuses on the business, legal, and tax implications that need to be addressed. The accompanying CD-ROM contains documents to enforce the plan, with an emphasis on buy-sell agreements.
Important new features of your revised book include:
- A new chapter on Conflict of Interest Concerns:
- Often a professional service provider (lawyer, accountant, appraiser, insurance broker, financial planner or other) is asked by a closely-held business to aid in the creation of a business succession plan.
- For a business succession planning advisor, especially one providing professional services, the complications arising from conflict of interest situations in this advisory role can be reduced or eliminated by establishing a correct platform of activity and use of appropriate written terms in the engagement documentation at the beginning of the role.
- A new engagement letter form illustrates this approach.
H.F. (“Rick”) Riebesell is the principal consultant of Business Transition Consulting LLC. He specializes in finding solutions for the problems of owners of closely-held (owner-managed) businesses. Rick was a practicing lawyer for over thirty years.
He is experienced in business transactions of all types and understands sophisticated estate planning. He has helped businesses with issues including business succession, asset protection, marital agreements, wealth accumulation, and transactions involving the sale and acquisition of businesses. Rick has a special interest in the problems of family-owned enterprises.
» View Full Table of Contents [PDF]
SUMMARY TABLE OF CONTENTS
Chapter 1: The Role of the Advisor
Chapter 2: Preparing the Owners
Chapter 3: Critical Conversations
Chapter 4: Values
Chapter 5: Meeting Theory and Making Decisions
Chapter 6: Control, Power, and Prestige
Chapter 7: External Systems
Chapter 8: Creating the Succession Plan
Chapter 9: Purpose of the Buy-Sell Agreement
Chapter 10: Structure of the Buy-Sell Agreement
Chapter 11: Issues of S Corporations
Chapter 12: Triggers and Payment Terms
Chapter 13: Value
Chapter 14: Funding
Chapter 15: Employment-Related Restrictions
Chapter 16: Problems for a New Loss Corporation
Chapter 17: Estate Tax Considerations
Chapter 18: Transfer Restrictions
Chapter 19: Covenants Not to Compete
Chapter 20: Gifting of Ownership Rights
Chapter 21: Redemption to Pay Taxes
Chapter 22: Installment Payment of Estate Tax
Chapter 23: Available Business Entities
Chapter 24: The Influence of the Estate Tax
Chapter 25: Estate Planning with an Unstable Tax Regime
Chapter 26: Drafting the Owners Agreement Containing Buy-Sell Provisions for Owner-Managed (Closely-Held and Family) Businesses
Chapter 27: Business Consulting Intervention Where One Individual Dominates the Decision Process
Chapter 28: The Short Form Owner Agreement
Chapter 29: Developing the Concept of Wealth Creation
Chapter 30: Marketing Opportunities Using the Internet
Chapter 31: Crisis Intervention
Forms
Client Presentations
Talking Points
Case Studies
Appendices
Indices
