Slide Deck

42 Slides available anytime
  • 42 Slides

Fundamentals of Succession Planning


Learn the necessary considerations to define, execute, and implement an appropriate succession plan for a client.

Whether a business owner is ready or not to move on, the manner to effectuate a successful transfer is based on a similar identifiable process. This topic provides an outline of the considerations necessary to define, execute, and implement an appropriate succession plan for a client.

The process begins with a discussion of the transferor's motivations when transferring property, whether by choice or due to unforeseen events, what to have in place in the event of a desired transfer or a forced transfer, how to value the business for transfer, and concludes with an examination of the critical tax rules implicated by the transfer.

Lastly, the method of transfer can be affected by a number of factors. We will discuss which type of transfer works best in which situations, how to assure the business owner and their family can financially and personally weather the transfer, and what the estate planning and tax consequences are of a properly or improperly executed succession plan.



Jennifer V. Abelaj

Jennifer V. Abelaj

Jennifer V. Abelaj Law Firm

  • Principal at Jennifer V. Abelaj Law Firm
  • Skilled private client attorney with extensive experience in a variety of tax, estate, and philanthropic planning matters for domestic and international high-net-worth individuals and not-for-profit organizations
  • Can be contacted at [email protected], 646-885-1330,, or on LinkedIn at
Nina Stillman

Nina Stillman

Handler Thayer, LLP

  • Senior counsel in the Advanced Planning & Family Office Practice Group at Handler Thayer, LLP
  • Over 30 years of experience, focusing on the areas of domestic and international estate planning, charitable giving, wealth transfer, income and estate tax planning, asset protection and reorganization, entity governance and management, business succession planning, estate administration, and litigation
  • Can be contacted at [email protected], 312-960-3142, or on LinkedIn at

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.