Sample Syllabi

Course Categories

Courses 2020 - 2021

LAW T 525 Advising Privately-Owned Businesses

Credits: 3

The course focuses on the role of the lawyer as an advisor to privately-owned businesses and their owners. Case studies are used to examine a broad range of structural planning issues and the practical and analytical challenges of the planning process, with emphasis on tax and business considerations, tax traps and pitfalls, and creative planning strategies. Different types of privately-owned businesses are analyzed, compared, and contrasted in the case studies. Planning issues that are examined include: choosing the best entity form; organizing and funding the entity; multiple entity techniques; remedying prior entity mistakes; the "deal" among multiple owners; owner distribution and compensation strategies; segregating control, income and capital interests; compensation and retention strategies for key employees; entity and owner insurance planning; business continuity challenges; alternative exit strategies and related owner planning impacts; and employee planning. Select drafting considerations and implementation mechanics also are reviewed. The course is designed to broaden the student's substantive knowledge on a broad range of structural issues and to help the student develop analytical and planning skills. Prerequisites: Introduction to Individual Income Taxation. Recommended T501 Taxation of Corporations & Shareholders.

Not offered this academic year.

Connect with us:

© Copyright 2024, All Rights Reserved University of Washington School of Law

4293 Memorial Way Northeast, Seattle, WA 98195