Pamela Cross's guest appearances

Pamela Cross

Extra with Doug Hardy

The Mindful Chef

Capital Ventures

Justin Bieber

Donald Trump

Eric Metaxas

Joel Osteen

Mark Driscoll

Anthony Bourdain

Mister Rogers

Andy Stanley

Mel Gibson

Costi Hinn

Phil Johnson

Ravi Zacharias

Eugene Peterson

Rick Warren

Jonathan Cain

OwlTail

Big three Takeaways: 1.       For owners planning for an eventual transition of the business to the next generation, it’s important to establish what your ideal outcome is, as opposed to selecting particular assets to leave certain individuals.2.    When rules change, like 2016/2017 with the introduction of Tax on split income (TOSI) rules, having a team of professionals becomes even more valuable because they can help you make necessary changes to adapt.3.    When it comes to structuring a business for transition, the numbers issues are much easier to solve than the emotional side of things. This is why frequent communication and voicing expectations is key.Other Takeaways for entrepreneurs  4:25 - The importance of founders establishing clarity around objectives: "what do you want to see happen?" 7.22 - The difference between treating family members equally vs. equitably 8:58 - The importance of communication among family members 10:39 - The importance of creating a good shareholders agreement 12:34 - The purpose and advantages of a holding company 14:20 - How a Holdco can help access the Lifetime Capital Gain Exemption 17:41 - What is a trust and why to use a family trust 23:45 - TOSI Tax rule changes in the last five years and how Pam has helped her clients adapt 31:20 - What is an estate freeze and why did the pandemic present an opportunity to undertake  a freeze 35:45 - The keys to a successful family business transition 41:44 - Pam answers the question: How realistic is HBO's Succession? 45:54 - The numbers are much easier to figure out than the emotional issuesMore on my guest: Pamela Cross Bordon Ladner Gervais Pam – LinkedInRecommendations and other resources:STEP CanadaFourth Avenue Wine Bar &amp; Café 

Big three Takeaways: 1.       For owners planning for an eventual transition of the business to the next generation, it’s important to establish what your ideal outcome is, as opposed to selecting particular assets to leave certain individuals.2.    When rules change, like 2016/2017 with the introduction of Tax on split income (TOSI) rules, having a team of professionals becomes even more valuable because they can help you make necessary changes to adapt.3.    When it comes to structuring a business for transition, the numbers issues are much easier to solve than the emotional side of things. This is why frequent communication and voicing expectations is key. Other Takeaways for entrepreneurs  4:25 - The importance of founders establishing clarity around objectives: "what do you want to see happen?"  7.22 - The difference between treating family members equally vs. equitably  8:58 - The importance of communication among family members  10:39 - The importance of creating a good shareholders agreement  12:34 - The purpose and advantages of a holding company 14:20 - How a Holdco can help access the Lifetime Capital Gain Exemption  17:41 - What is a trust and why to use a family trust  23:45 - TOSI Tax rule changes in the last five years and how Pam has helped her clients adapt  31:20 - What is an estate freeze and why did the pandemic present an opportunity to undertake  a freeze  35:45 - The keys to a successful family business transition 41:44 - Pam answers the question: How realistic is HBO's Succession?  45:54 - The numbers are much easier to figure out than the emotional issues More on my guest:<ul><li> <a href="https://www.blg.com/en/people/c/cross-pamela" rel="nofollow" target="_blank">Pamela Cross</a></li><li> <a href="https://www.blg.com/" rel="nofollow" target="_blank">Bordon Ladner Gervais</a></li><li> <a href="https://www.linkedin.com/in/pamelacross/?originalSubdomain=ca" rel="nofollow" target="_blank">Pam – LinkedIn</a></li></ul>Recommendations and other resources:<ul><li><a href="https://step.ca/" rel="nofollow" target="_blank">STEP Canada</a></li><li><a href="https://107fourthavenue.com/" rel="nofollow" target="_blank">Fourth Avenue Wine Bar &amp; Café</a> </li></ul>

#7 Tax planning is important, but it's the easy part of succession planning - with BLG tax partner Pamela Cross

Season Two Featuring Pamela Cross 

Today Doug is talking to Pamela Cross from Teen Hope Idaho. They NEED more mentors; people who will come along and speak into a teen's life. If you want to learn more about Teen Challenge and how you can help, visit teenhopeIdaho.com

Today Doug is talking to Pamela Cross from Teen Hope Idaho. They NEED more mentors; people who will come along and speak into a teen's life. If you want to learn more about Teen Challenge and how you can help, visit <a href="https://www.teenhopeidaho.org/" rel="nofollow" target="_blank">teenhopeIdaho.com</a>

609 – Pamela Cross from Teen hope