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Tom Hoffman Speaks about Business Succession Planning in Alaska

Posted on August 15, 2022

Thomas (Tom) Hoffman II

Tom Hoffman, Shareholder, will speak at the Fairbanks Estate Planning Council meeting tomorrow, Tuesday August 16, 2022. He will speak about Business Succession Planning – The Family Private Equity Model.

He will be joined (via Zoom) by James Bly, Private Family Enterprise Business Services Managing Director at EY. Both will discuss the Family Private Equity Model as an alternative to other business succession options (selling to third party and/or private equity, transitioning to children or other family, ESOPs, etc.). This Model allows the family to retain ownership while hiring an outside president to take over day-to-day management. Often the family remains involved at the Board level.

Tom has presented to this group before, as he is licensed to practice law in Alaska and travels there typically once each year.

At Knox Law, Tom concentrates his practice on closely held business planning, business succession planning, implementation of sophisticated estate and trust planning, administration of complex estates and trusts, and the tax consequences of these matters.

For more information, please contact Sarah Holland.