In this course, you will learn the importance and elements of a good business succession plan and specific ideas and concepts related to the five (or seven) "D"s of business succession (US).
In this course, the student will learn about business succession planning. Specifically, the course outlines the 5 "D"s of succession planning (death, disability, divorce, dementia, and dissolution), identifies special considerations for different types of business and ownership structures and different types of industries, discusses several potential exit strategy options, and outlines the different documents that should be used in a complete business succession plan. The purpose of this course is to help financial professionals recognize the importance of business succession planning and empower them to guide their clients, in conjunction with a qualified attorney, towards completing their business succession plan, whether they be a small startup company or a large company with high revenues and multiple owners.
I am a partner and managing attorney at Inter Vivos, PLLC, one of the largest estate planning law firms in the world, with attorneys licensed in all 50 states and in several other countries. My background has been in asset protection and tax planning strategies for business owners, but I focus on and oversee all aspects of a complete estate plan for clients across the country. I also own a tax strategy consulting business. I received my law degree at George Mason University and my undergraduate degree in French from Brigham Young University. I am licensed to practice law in Utah. Clients, advisers, and other professionals appreciate my responsiveness and quality of work. I speak Spanish and French in addition to my native English and can assist clients in any of those languages.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
