This 3.5-hour May 20, 2010 program by Steven G. Siegel a nationally-recognized tax and estate planning adviser, and also author of The Siegel Post, which is located at www.NLFforms.com, gives a comprehensive explanation of the many tax and non-tax issues which attorneys must consider when advising a client who is disposing of a business either by selling to a third party or gifting to family members.

Major topics include:

ü Gifting To Family Members

• succession plan, business value, gift taxes

• liquidity issues if owner dies while owning business

• including IRC Sections 303 and 6166

ü Buy-Sell Agreements

• objectives, types, taxes, suggested terms

ü Selling To Third Parties

• tax and non-tax issues

• types of transactions

ü Tax Considerations In Selling

• parties' preferences

• taxable asset sale

• taxable stock sale

• nontaxable asset sale

• purchase price allocations

• role of liquidations

• tax attributes

ü Purchase Agreements, Warranties And Opinion Letters

ü Post-Closing Issues