Brandon D. Wiener presents Sale Of A Family Business

May 22 & 23, 2014, Toronto | 3rd Tax-Effective Succession Planning for the Owner-Manager

Take advantage of our special 15% Discount Offer for Participating Speakers, use this code: TESP1405/PR

Topic Brief

Minimizing taxes plays a major role in structuring and negotiating a the sale of a family business. This session will examine the income tax considerations when opting for the immediate or near-immediate sale of the business assets or the business interest shares in a corporation as an alternative to family succession.



Brandon D. Wiener is a Partner at Thorsteinssons LLP. His practice focuses on personal, corporate and trust planning for high net worth individuals, professionals, executives, owner-managers and their businesses.


Course Highlights

  • Tax considerations in business succession alternatives
  • The use of estate freezes in succession planning
  • Alternatives to family succession
  • Valuation issues for family-owned businesses
  • Shareholder agreements & tax effective succession planning
  • Income splitting and the attribution rules for a family business


Event's Topics

  • Principal Tax Considerations in Business Succession Alternatives
  • The Use of Estate Freezes in Succession Planning
  • Capital Gains Exemption and Family Business Succession Planning
  • Structuring the Sale of a Family Business
  • Post-Mortem Tax Planning for Private Company Shares
  • Buy/Sell Agreements and Life Insurance for Business Owners
  • Income Splitting and the Attribution Rules for a Family Business
  • Tax Effective Use Of Trusts In Succession Planning
  • Alternatives To Family Succession: Arm’s Length Succession Plans



Valuation Issues for Family-Owned Businesses

Knowing the value of a family-owned business is a crucial element of succession planning, regardless of the type of succession. Valuations are needed when creating an estate plan, establishing a sales price, and determining “fair market value” for taxation purposes. This workshop will examine the issues involved in valuing a privately-held family business:

  • Difficulties in establishing value of privately-held corporations
  • Controlling vs. minority interests
  • Challenges to taxpayers’ valuations by the CRA
  • Price-adjustment clauses
  • Valuations in estate freezing
  • Key valuation concepts and methodologies: common methods used for the valuation of privately-held businesses and business interests

Participating Organizations

Dentons Canada LLP Fogler, Rubinoff LLP Gowling Lafleur Henderson LLP Manulife Financial Miller Thomson LLP Minden Gross LLP MNP LLP Simpson Wigle Law LLP Tax Chambers LLP The Empire Life Insurance Company Thorsteinssons LLP


You might also be interested in the following events, please click on the links to learn more;

3rd Cross-Border Personal Tax Planning
Click here for brochure.