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Family Business: Business & Estate Planning Techniques (Flash Drive)

Price:
$9.00
SKU:
SKU #17SFVBA-45-FD
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Self-study hours are logged by the listener and the one page list is kept in an MCLE compliance folder. The log requires a listing of each program title, the program's approved MCLE provider name, program length, and whether or not that program contains mandatory subfield credit (legal ethics, elimination of bias, or prevention of substance abuse.)

Participatory hours require a proctor (any adult who is not simultaneously using the same program for participatory credit) to complete and sign documents accompanying each participatory program. Those completed and signed documents are subsequently returned to Versatape and individual certificates of compliance are prepared and returned to the listener to be filed in a MCLE compliance folder. Versatape will also keep a copy of the certificates of compliance on file. If audited the State Bar will be looking for a copy of those completed certificates of compliance and a copy of the self -study hours log.

Note: Please note MCLE audio program hours listened to in excess of 25 hours in a 3-year compliance period cannot be carried over into the next 3-year cycle.

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There are three options for building MCLE Audio Packages:

Turnkey Solution
Just click and add the select audio package to your cart and we will assemble it for you based on best selling and recent programs.

Choose Your Interested Areas of Law
Choose your categories of interest and we will select available programs from the areas you choose. Additionally, you can add specific programs SKU's numbers which will be included in your package in addition to your preferred categories.

Assemble Your Own
Assemble your own 12 hour, 13 hour. or 25 hour package. Simply copy and paste the SKU number of each program you would like included into the Specific Programs Desired section and we will build your custom package for you. Remember to include the required subfield hours (if you need them): 4 hours of legal ethics, 1 hour of the elimination of bias and 1 hour of the prevention of substance abuse programs to your list (we can select them for you if you desire).

How They Work

Family Business: Business & Estate Planning Techniques 

MCLE: 1 hour 

Managing the Business and the Family Participants
  • Step 1: Identify 
Plans for Business
  • Step 2: Prepare business for sale or succession
  • Succession/gift considerations 
Present Business Practices
  • Fair market value
  • Who is in charge 
Succession: Potential and Pitfalls
  • Leadership
  • Management
  • Governance
  • Keys to success 
Consequences
  • Gifting a business
  • Selling a business
  • Passing a business at death 
Buy-Sell Agreements
Exit Strategies

Program materials included. Speaker: John B. Marshall, Esq. Recorded November 14, 2017. MCLE credit: 1 hour

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