Estate Planning Certificate: Closely Held Business Estate Planning


This CPE course can be purchased individually or as part of the Estate Planning Certificate Program and Exam Bundle. Click here to learn more.

In this CPE course, you will learn about planning strategies and documents related to closely held business estate planning issues. Owners of closely held businesses have unique estate planning considerations that should be addressed by the personal financial planner. Special use valuations for real property used in a farm or closely held business, family succession planning, business continuation agreements, and buy-sell agreements are all specialized knowledge areas you will learn in this course.

For families of wealth, the continuity of the closely held family business is critical because it is the central locus for income and services provided to the family. To prevent familial disputes and to ensure continuity of the business, continuation agreements should be considered. Many continuation agreements contain provisions for the orderly transfer of ownership interests at disability, retirement, or death. As the personal financial planner, you should have a working knowledge of these agreements, so you can provide reasoned recommendations to your clients.

Learning Objectives
  • Identify a method for valuing certain qualified real property.
  • Recall the requirements for real property to qualify under IRC Section 2032A.
  • Select an activity that qualifies an individual as materially participating.
  • Identify a contractual obligation that restricts business owners from freely transferring their ownership interests in a closely held business.
  • Recall a business continuation strategy that will benefit a closely held family business upon the loss of a person whose contributions are critical to the business.
  • Recognize the type of buy-sell agreement that is funded with insurance contracts.
Major Topics
  • Closely held business estate planning issues
    • Special use valuation under IRC Section 2032A
    • Special rules for surviving spouses
    • Definition of a qualified heir
    • What constitutes a taxable event
  • Family succession planning
    • Familial disputes
    • Buy-sell agreements
Course Level
Professional Area of Focus
Personal Financial Planning
CPE Field of Study
Specialized Knowledge
Who Should Attend

CPAs and financial planners with basic knowledge of personal financial planning, and an interest in estate planning.

  • Basic knowledge of personal financial planning, and an interest in estate planning.
Advanced Preparation
  • None
Event Information
Available 24/7
Total CPE Credits


$ (% off)


$ (% off)
Become A Member

Register for this Course

Estate Planning Certificate: Closely Held Business Estate Planning

Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now