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Leveraging Generosity (and Your Legacy) When Exiting a Business ~ From Success to Significance

Sunday, May 4, 2025, 01:00 PM - 01:20 PM

Wise planning prior to exiting a business creates unique and powerful opportunities to leverage an owner's generosity . . . and legacy. By making a charitable gift of an interest in a business prior to a sale or liquidity event, owners are empowered to dramatically increase support for their favorite charitable causes, while minimizing the adverse tax implications associated with the sale or liquidity event. This session will explore how one family increased their charitable giving and reduced their tax liability by millions of dollars by simply giving an interest in their business to charity before their business was sold, instead of giving cash from the after-tax proceeds from the sale.

  • Understand the favorable economics of making a pre-sale charitable gift of a business interest.
  • Explore unique strategies to optimize the charitable and tax benefits of a pre-sale business interest gift.
  • Consider the legal and tax implications of making a pre-sale business interest gift to various charitable entities such as donor advised funds, private foundations, supporting organizations, etc.
  • Understand the disparate tax implications of a pre-sale gift based on the nature of the legal entity through which the business operates
  • Examine the various technical issues and considerations surrounding a pre-sale gift such as mitigating unrelated business taxable income, maximizing the owner's charitable income tax deduction, carefully navigating the timing of the charitable gift and business sale, etc.
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