TAX25101. CPA's Guide to Shareholders Agreements and Funding Strategies
We will cover buy sell agreements and their funding with life insurance.
Paul will cover the legal and design aspects, especially the impact of the Connelly case, and how agreements should be structured now.
Lee will cover the insurance funding, choosing suitable insurance products, and avoiding insurance tax traps like transfer for value, when restructuring the agreements.
Learning Objectives:
- Learn how to structure a buy sell agreement
- Learn how the Connelly decision impacts buy sell agreements
- Learn how to fund buy sell agreements with life insurance
Date/Time
–
NASBA Field of Study
Taxes
Level
Update - (for participants with a background in the subject area who desire to keep current)
Advanced Preparation
Read a summary of the Connelly buy sell case, decided by the US Supreme Court in 2024.
