business financial planning


View this Lecture for FREE by signing up at www.prolibraries.com Viewany number of our other 27000 sessions from over 280 conferences by going to www.prolibraries.com Speaker(s) Sam Torolopoulos, CPA-ABV, ASA Business Valuations for Gift and Estate Tax Planning: What Financial Planning Professionals Need to Know after the Pension Protection Act of 2006 – Society of Financial Service Professionals Financial Service Forum 2008 The FSP Forum is the premier educational meeting for the financial services profession. It focuses on continuing education, with a strong emphasis on advanced, practice-oriented instruction by world class speakers and provides CE credits for the credentials accepted for Society membership. A general session case study features a distinguished panel helping a family sort out a business succession planning problem. Complementing the advanced technical education are eight practice management sessions that provide important information on keeping your practice running smoothly and profitably. This session will review business valuation basics from a financial planner’s perspective. It will explain the difference between a control and a minority value conclusion as well as how factors such as "key man", 50/50 shareholders, and voting rights can affect the conclusion of value for gift and estate tax purposes. In addition, we will discuss how pertinent provisions of the Pension Protection Act of 2006, IRS Notice 2006-96 and the Joint Committee on …