Sid has practiced taxation since 1978, with a focus on federal income and estate taxation of automobile dealerships. He leads the tax practice within the firm’s national Automotive & Dealer Services Practice, and serves on the firm’s Dealer Services Group Steering Committee and Business Transition Committee. In addition to authoring articles on ownership succession and other matters pertinent to dealership taxation issues, he is a nationally recognized speaker at automotive organizations, including 20 Groups and dealer consulting groups. Sid is regularly retained to consult on taxation issues relating to dealer shareholder agreements, entity structuring, acquisitions, and reorganizations. He has also taught continuing professional education seminars and college-level classes.
Are You Planning for Tomorrow, Today?
Steps to Create a Viable Succession Plan for Your Business
In partnership with Moss Adams
Successful family business leaders must have a strong focus on growth in today’s competitive global market. But as owners, how do you ensure that your hard-earned growth survives the transition to the next generation? The purpose of the seminar is to provide guests with valuable guidance on the transfer of family wealth and planning their estate with wisdom and forethought.
A new financial sub-discipline of “inheritance planning” is emerging as the last step of retirement planning for Baby Boomers. The owners of family and closely held businesses face their own unique challenges including succession planning and handling family dynamics in the workplace. How can wealth be transferred successfully without destroying the recipient and the wealth itself?
It is a question for the times, as the greatest generation of wealth creators move toward death in record numbers.
In this seminar, Dr. Tom Deans discusses the 7 questions you need to ask to guide the giving decisions you make in your Will. The answers to these questions will help you determine whether your gifts will release potential or destroy it for your beneficiaries. In a busy world where conversations about life, death, and wealth are often avoided, Dr. Tom Deans will confidently guide attendees in a brave new direction.
On hand to guide participants through a processing for beginning and/or moving forward with their succession/exit plan is Sid Tobiasan, Senior Tax Advisor, Moss Adams. Sid’s presentation will cover:
- Governance,
- Senior Management and Board of Directors Key Steps,
- Funding The Exit, and
- Taxes, Agreements, and Documentation
