BUS 433Wills, Trusts and Family Corporate Structures

This course will be divided into two parts, wills and trusts; followed by corporate structures and succession planning. Part one will combine wills, trusts, future interests, and community property with methods of family wealth transfer in both community property and non-community property. The second part will cover family partnerships, limited liability entities and closely held corporations. The special problems of closely-held corporations, the fiduciary obligations of family members, and certain special topics such corporate family governance and succession transfer.