Join CAFE VI on May 15th, 2013

for a morning workshop: Moving your Parents

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Moving your Parents (Slowly and Carefully ... or Kicking and Screaming) out of Business

A look at Succession planning ideas and tricks, to help ease the transition from one generation to another.

Our panel of estate planning tax and legal specialists will be joined by a local business owner, who has gone through the succession maze, to help outline the process and considerations that parents, or kids considering taking over the business should be aware of... and will outline some of the more innovative tricks to minimize taxes for everyone; and plans to ensure no unpleasant surprises show up.

Our experts, and our business owner, will be covering:

  • Valuing your business interests –how can we be fair to both generations ?
  • What is an estate freeze and how does it work ?
  • Should we use a family trust ?
  • What is an alter ego or joint partner trust ? What will these save us?
  • What is a fair repayment schedule ? What happens if we never pay the full amount?
  • How can we finance the buyout of some of parents interest – can I use RRSPs,
    pensions or other techniques?
  • How do we minimize the taxes on these buyouts ?

Our panel will be moderated by Derrold Norgaard, FCA, a Chartered Accountant, long standing CAFE member, and a recognized specialist on tax planning.

Our speakers will include highly respected Victoria professional in estate planning:

Grant Kratofil, Tax Accountant, with a well deserved reputation as an estate planning specialist. Grant practices in Victoria, and has been serving family businesses for more than 15 years.

Stewart Johnson, a Victoria lawyer and a long-standing CAFE member who is a specialist in estate planning.

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Morning Workshop

Wednesday, May 15th 2013 at 7:30-9:30am

Meares St. Room, Victoria Executive Centre, 915 Fort St.

Light breakfast provided.

Cost: $30-40 (lower member rates apply)

Register online here today!

Connect with us today!

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Learn More about CAFE Vancouver Island

CAFE Vancouver Island has been providing a community of support to family businesses on Vancouver Island since 1995. For almost 30 years, CAFE has been helping families in business succeed through shared experience, education and resources. CAFE is where Canadian business families go to connect, grow and learn for sustainable success across generations.