NEW HAMPSHIRE ESTATE PLANNING COUNCIL

Join us on Wednesday, March 10th from 4:30-8:00PM

The Hotel Concord

11 South Main Street, Concord, NH

(*Parking is available in the Capital Commons Garage directly across the street.  Entrance to the garge is at 75 Storrs Street) 

BUSINESS SUCCESSION

Succession planning is necessary no matter the industry the business owner finds themselves in and often is more challenging than it should be. Clients with significant business assets present unique and complex planning challenges and we have all heard the statistics about businesses not succeeding past the first generation.  Proper planning and education, early and often, and developing the right team of advisors for your clients is crucial for putting the success in succession planning.

In this presentation we will cover the following:

• Introduction to succession planning
• Questions to Ask your Clients
• Planning Considerations
  • Impact on Family Harmony
  • Knowing there is more than one right answer
  • Do Your Due Diligence (Advisor Due Diligence Just as Important at the Client Don’t Their Due Diligence)
  • Know the Difference Between Control and Ownership and Why it is Important
  • Opportunities When Planning with Newly Created Entities
• Planning Strategies
  • Gifts – Outright and In Trust
    • Transfers to SLATs and/or IGTs
  • Sales to IGTs
  • GRATs
  • Case Studies
• Pre/Post Event Checklist

Katie is a Managing Director and Wealth Strategist with Crestwood Advisors, LLC, in their Boston office. Prior to joining Crestwood, Katie was a Wealth Strategist at SVB (formerly Boston Private). Before joining Boston Private, Katie was a Partner at DesRosiers, Tierney & Sheehan, LLC, and practiced at Cody & Cody, LLC and Ruberto, Israel & Weiner. Her private practice career concentrated in the areas of estate planning, estate and trust administration, charitable planning, long term care planning and elder law. Prior to private practice Katie served as Trust Counsel for Boston Financial Management.

Katie received her undergraduate degree from Boston College (B.A., magna cum laude, 1998), and her law degree from Suffolk University Law School (J.D., magna cum laude, 2003). While in law school, Katie served as a research assistant for Professor Charles E. Rounds, Jr., aiding in the completion, of Loring A Trustee’s Handbook (2002 Edition). Katie has given numerous presentations on estate and tax planning topics all over the country, has been quoted and published in national publications, is the Co-Editor in Chief of the NAEPC Journal of Estate and Tax Planning and serves regularly as a faculty member for MCLE. Katie is a member of the Boston Estate Planning Council (BEPC) where she currently serves as the President, and she serves on the board for the National Association of Estate Planning Councils (NAEPC). She is licensed to practice law in Massachusetts.

Katie lives in Duxbury, MA with her husband and three children.

PROUDLY SPONSORED BY: