• Thursday, May 4, 2006

Entrepreneurs who have worked for years to build a successful company are often concerned about how to transfer the business to the next generation or a key employee. This concern is reasonable: failing to plan properly for succession can be costly, both financially and personally. However, with adequate time and proper planning, succession planning can be accomplished easily and profitably.

At this EVOLVE seminar, our panel will discuss the issues surrounding succession planning, and how to resolve them. They will address ways to identify who to turn the business over to, how to select qualified advisors to help with the process, and common pitfalls and how to avoid them.

This seminar is an essential for family business owners, entrepreneurs considering retirement, business owners who want to transfer day-to-day management duties to employees, and those who want to sell their business in the future.

PANELISTS

Jarrett T. Bostwick is an attorney with Handler, Thayer & Duggan LLC whose primary focus is on Wealth Transfer and Philanthropy Planning, Income Tax Planning, and Trusts and Estates. His experience includes all facets of wealth and philanthropy planning, specifically pertaining to areas of charitable split interest trusts, private foundations and supporting organizations. Mr. Bostwick has assisted numerous wealthy individuals and families seamlessly integrate both their charitable and wealth transfer planning goals, as well as family offices with detailed income and estate tax planning opportunities.

Prior to joining Handler, Thayer & Duggan LLC, Mr. Bostwick was an attorney in the Wealth Planning & Philanthropy Group of Gardner Carton & Douglas LLP in Chicago, Illinois. During his tenure, he focused primarily on wealth planning for high net worth individuals, with a special emphasis on advising clients on creating tax-efficient and philanthropy-focused estate plans. In December 2005, Mr. Bostwick was named by Worth Magazine as "One of the Top 100 Attorneys in the United States" serving affluent families and family offices.

Prior to joining Gardner Carton & Douglas LLP, Mr. Bostwick was a Senior Manager in the Personal Financial Counseling Group of Ernst & Young, LLP. While at Ernst & Young, he researched, designed, and structured numerous estate plans for estates ranging in size from $3 million to over $600 million. Prior to Ernst & Young, Mr. Bostwick served as the Director of Wealth Planning for National Financial Partner's "Wealth Design Center" in which he advised a nationwide network of insurance and financial planners in all aspects of estate, income, and charitable planning. Mr. Bostwick began his career as an associate with the Treacy Law Group, PLLC, a tax boutique located in Seattle, Washington. At the Treacy Law Group, Mr. Bostwick advised a nation-wide clientele on all aspects of their estate planning and charitable trusts, with a special emphasis on Section 509(a)(3) supporting organizations.

Mr. Bostwick earned an undergraduate degree from The George Washington University, a Juris Doctorate from Gonzanga University School of Law, and a Masters of Law in Taxation from The University of Washington School of Law.