Succession and Estate Planning Goals
many business owners, you probably have much of your wealth
tied up in your company.
And this fact may be creating a conflict between the desire to
transfer ownership to the next generation and the desire to
stay in control.
One potential solution:
Recapitalize your business into voting and nonvoting shares.
From an estate planning perspective, the sooner you transfer
ownership of your business to the next generation, the better.
That way, future appreciation and income are removed from your
estate and avoid gift and estate taxes.
Recapitalization can allow you to reap the tax benefits of
gifting ownership interests without your having to cede
control of the business to your children.
For example, you might retain 10% of the company in the form
of a voting interest and allocate the remaining 90% among your
children in the form of nonvoting shares. You continue to
manage the business while removing a large portion of its
value from your taxable estate.
To discuss this strategy further, please give us a call at
925-634-2344. We can help you explore recapitalization as
well as other ways to refine your succession plan and estate
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,