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5th Annual Family Business Update 2020

Product ID: CA3037D
Presented By: State Bar of Wisconsin PINNACLE

Help clients come up with a game plan

As the coronavirus pandemic and economic downturn stretches on, small business-owners continue the fight of their lives. The 5th Annual Family Business Update will discuss a plethora of options for helping closely held businesses in distress, as well as provide a valuable legislative and case law update.

Customize solutions for your clients

There isn’t a one-size-fits-all strategy for helping businesses survive the COVID-19 health crisis and thrive again. Hear from a certified turnaround specialist on strategic changes that can help improve business performance. Understand when a bankruptcy attorney may need to get involved and when restructuring debt might be the best path forward.

Read More ↓

Interested in sponsoring this program? Find out more.

Select a Format

OnDemand seminar

Pricing

Member $259.00

Non-Member $339.00

Upon purchase, this OnDemand program is available to view for 90 days.

Credits are no longer available for this OnDemand program.

Quantity:
Maximum quantity must be less than or equal to 1.

Help clients come up with a game plan

As the coronavirus pandemic and economic downturn stretches on, small business-owners continue the fight of their lives. The 5th Annual Family Business Update will discuss a plethora of options for helping closely held businesses in distress, as well as provide a valuable legislative and case law update.

Customize solutions for your clients

There isn’t a one-size-fits-all strategy for helping businesses survive the COVID-19 health crisis and thrive again. Hear from a certified turnaround specialist on strategic changes that can help improve business performance. Understand when a bankruptcy attorney may need to get involved and when restructuring debt might be the best path forward.

Read More ↓

Program Chairs and Presenters

Julie M. Bogle
BDO USA LLP
Middleton

Gregory M. Monday
Reinhart, Boerner, Van Deuren, S.C.
Madison

Presenters

Patrick Fodale
BDO USA LLP
New York, NY

J. David Krekeler
Krekeler Strother S.C.
Madison

Timothy J. Pierce
State Bar of Wisconsin
Madison

David J. Sisson
Reinhart, Boerner, Van Deuren, S.C.
Milwaukee

8:30 a.m. : Recent Developments in Family Business Law

  • Case law update
  • Legislative update

Gregory M. Monday, David Palay

9:20 a.m. : Taxation Issues for Family Businesses in 2020 and 2021

  • Anticipated implications of the election results
  • Strategic timing – what to do in 2020 vs 2021
  • How do interest rates factor into decision making?
  • Tax consequences of various asset transfer techniques

Julie M. Bogle

10:10 a.m. : Break

10:25 a.m. : Turnarounds – How to make them viable

Patrick Fodale

11:15 a.m. : What every family business owner needs to know about bankruptcy

  • Helping the client consider their options
  • Effects on family business owners

J. David Krekeler

12:05 p.m. : Lunch (on your own)

1:05 p.m. : Taking care of business during COVID-19

  • Taking care of employees
  • Protection from liability

David J. Sisson

1:55 p.m. : Ethics of advising family businesses during a pandemic

  • Preserving privilege, confidentiality, and advising boards
  • Advising family business client regarding COVID liability – what should be confidential, to whom can/should you talk to, and whom should you not?
  • Conflict of interest when principal gets sick
  • PPP – who is in on the discussions of whether to apply for loan forgiveness?

Timothy J. Pierce

2:45 p.m. : Program Concludes

  • Assist your family business clients in successfully navigating a viable turnaround
  • Help closely held businesses take care of employees and avoid COVID-19 liability
  • Make timely and strategic decisions to minimize tax liability
  • Recognize when a closely held business ought to seek bankruptcy counsel
  • Know the latest legislative developments and case law impacting family businesses
  • Navigate ethical issues that arise when representing closely held businesses and their owners
  • Business lawyers
  • Tax attorneys
  • Insurance lawyers
  • Business litigators
  • Family law attorneys
  • Estate planning lawyers
  • General practitioners

Book Sale – Save 20%

Organizing a Wisconsin Business Corporation: Articles, Bylaws, and Other Forms

Save 20% on Organizing a Wisconsin Business Corporation: Articles, Bylaws, and Other Forms .* Plus, all seminar attendees receive a free two-week trial of the Books UnBound® version. Provides all the essential forms for incorporating a business.

Use discount code CA3037 when you order online or by calling (800) 728-7788.

*Discount applies to both print and digital Books UnBound editions of this title and cannot be applied to previous purchases. Offer valid as long as CLE credit is available for this program. For Books UnBound users, discount may be applied to purchase of individual Books UnBound title only and may not be used on purchase of full library.

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