We use cookies or similar technologies to improve user experience, analyze website traffic, enable and maintain log-in and personalization settings, connections with selected partners and for marketing purposes (managing advertising space and recommend products of interest to you). You can block or adjust saving cookies at any time, by changing the settings of your web browser. By continuing to use this website without disabling cookies in your web browser you ‘ACCEPT’ saving cookies. Learn more in our Privacy Policy.

10th Annual Closely Held Business Update 2025

Product ID: CA3807M
Presented By: State Bar of Wisconsin PINNACLE

Trusty solutions for closely held businesses

When legal issues arise at the intersection of family, business, and fiduciary duty, you need a versatile repertoire of strategies to resolve them. The 10th Annual Closely Held Business Update focuses squarely on the role of trusts in safeguarding business continuity, navigating complex family dynamics, and protecting both people and property.

Whether you advise family-run businesses, structure shareholder agreements, or draft trusts, this full-day program gives you fresh insights from attorneys on the front lines of corporate governance, estate planning, family law, and ethics. From Delaware corporate law updates to recent Wisconsin decisions on non-competes and mediation, you’ll explore real-world scenarios that impact your clients and your practice.

Read More ↓

Interested in sponsoring this program? Find out more.

Select a Format

Webcast seminar
OnDemand seminar

Pricing

Member $259.00

Non-Member $339.00

Credits

6.5 CLE, 1 EPR

Date and Time

Tuesday, September 23, 20258:30 AM - 3:25 PM CT

Add to Calendar 9/23/2025 8:30:00 AM 9/23/2025 3:25:00 PM America/Chicago 10th Annual Closely Held Business Update 2025

Trusty solutions for closely held businesses

When legal issues arise at the intersection of family, business, and fiduciary duty, you need a versatile repertoire of strategies to resolve them. The 10th Annual Closely Held Business Update focuses squarely on the role of trusts in safeguarding business continuity, navigating complex family dynamics, and protecting both people and property.

Whether you advise family-run businesses, structure shareholder agreements, or draft trusts, this full-day program gives you fresh insights from attorneys on the front lines of corporate governance, estate planning, family law, and ethics. From Delaware corporate law updates to recent Wisconsin decisions on non-competes and mediation, you’ll explore real-world scenarios that impact your clients and your practice.

5302 Eastpark Blvd. Madison, WI 53718 aagOTNdBczOPpqCrTmAF60877

Location

State Bar Center
5302 Eastpark Blvd.
Madison, WI 53718

→ View Map and Directions

No longer available, please choose from options above.

Maximum quantity must be less than or equal to 1.

Trusty solutions for closely held businesses

When legal issues arise at the intersection of family, business, and fiduciary duty, you need a versatile repertoire of strategies to resolve them. The 10th Annual Closely Held Business Update focuses squarely on the role of trusts in safeguarding business continuity, navigating complex family dynamics, and protecting both people and property.

Whether you advise family-run businesses, structure shareholder agreements, or draft trusts, this full-day program gives you fresh insights from attorneys on the front lines of corporate governance, estate planning, family law, and ethics. From Delaware corporate law updates to recent Wisconsin decisions on non-competes and mediation, you’ll explore real-world scenarios that impact your clients and your practice.

Read More ↓

Program Chairs and Presenters

Julie M. Bogle (Retired)
BDO USA LLP
Madison

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

Presenters

Linda S. Balisle
Balisle Family Law Legal Counsel S.C.
Madison

Kelly Dancy
Walny Legal Group LLC
Milwaukee

Jeffrey Goldman
DeWitt LLP
Madison

Maureen Lokrantz (Retired)
U.S. Bank Private Wealth
Madison

Tammy K. Parks (Retired)
Wealth Enhancement Trust Services, LLC
Madison

Timothy J. Pierce
State Bar of Wisconsin
Madison

Mark A. Shiller
Certus Legal Group Ltd
Milwaukee

8:30 am Updates & New Developments

  • Recent Wisconsin cases on contracts (including non-competes and mediation)
  • Recent Delaware decisions on corporate governance
  • Recent changes to the Delaware General Corporation Law

Gregory Monday

9:20 am Trust Administration for Trusts with Closely-Held Business Assets

  • Considerations when accepting a trust for administration
    • Corporate trustees
    • Noncorporate trustees
  • Structural considerations – and best practices for successful succession planning
  • Trustee Duties
  • Administration After Death of Key Person
  • Preventing Trouble and Ensuring Compliance

Matthew Ackmann, Tammy K. Parks

10:10 am Break

10:25 am Non-Tax Reasons to Use a Trust

  • Non-Tax Benefits of Using Trusts
  • Non-Tax Disadvantages of Using Trusts
  • Why Use a Corporate Trustee - Advantages and Disadvantages
  • Options when Using a Corporate Trustee - Directed Trustee amd Trust Protectors
  • Trust Provisions needed for Trust Companies to Act
  • How Trust Administration Really Works

Maureen Lokrantz, Tammy K. Parks

11:15 am Purpose Trusts and Entities and Family Enterprises

Mark A. Shiller

12:05 pm Lunch

1:05 pm Panel: Divorce Divisions in SLATs

  • What to do when you don’t have a reciprocal SLAT, but then have a divorce and the spouse is not the beneficiary?
  • Is there enough to support two households?
  • Need to look at the divorce provisions
  • Family lawyer and divorce lawyer perspectives
  • If you do one SLAT, is that counted as property division?
  • Post-nuptial agreements?

Moderator: Julie M. Bogle
Panelists: Linda S. Balisle, Kelly Dancy, Jeffrey Goldman, Mark A. Shiller

2:20 pm Break

2:35 pm Interactive Ethics

  • Ethical traps in reciprocal SLATs holding family business stock
  • Attorneys serving as trustees, when trusts hold family business stock
  • When your G1 clients tell you not to tell your G2 clients

Gregory Monday, David G. Palay, Timothy J. Pierce

3:25 pm Program Concludes

  • Gain tools to protect beneficiaries, businesses, and family relationships
  • Review trustee duties and structural considerations for trusts holding closely held business assets
  • Discover when and why trusts are helpful for more than just tax planning
  • Troubleshoot special issues surrounding divorce divisions in Spousal Lifetime Access Trusts (SLATs)
  • Receive practical guidance on ethics questions common to closely held businesses
  • Business lawyers
  • Labor and employment lawyers
  • Estate planning lawyers
  • Family lawyers
  • Solo and small firm practitioners
  • General practitioners

Book Bonus!

Organizing a Wisconsin Business Corporation
Save 15% on Organizing a Wisconsin Business Corporation.* Guide your clients through incorporation with this step-by-step resource packed with essential forms and practical guidance on forming and operating a Wisconsin corporation. Use discount code CA3807 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 through 12/31/26. For Books UnBound users, discount may be applied to purchase of individual Books UnBound title only and may not be used on the purchase of libraries. Discount cannot be combined with any other offers.

0 Customer Reviews
5 star
0%
4 star
0%
3 star
0%
2 star
0%
1 star
0%

Customer Reviews

Share your thoughts with other customers by being the first to review this product and or seminar.