What Corporate Counsel Needs to Know About Trusts & EstatesPDF
101 W. Worthington
Charlotte, North Carolina
Heidi E. Royal and Jessica Mering Hardin spoke at the Charlotte Chapter of the Association of Corporate Counsel on January 14, 2015. The program commenced with a brief overview of estate-planning issues relevant to corporate counsel, executives and business owners. The presentation covered the basics of current estate and gift tax laws, as well as high-level planning techniques that maximize flexibility and minimize transfer taxes.
Corporate counsel learned the benefits of planning with business interests, particularly with respect to:
- management succession and continuity,
- probate avoidance,
- transfer of appreciating assets, and
- identifying and solving securities law issues.
Attendees also learned the potential pitfalls of planning with business interests, such as running afoul of securities regulations, tax elections and transfer restrictions.