This concise guide provides a framework for selecting the most appropriate means of transferring wealth through the establishment of a business entity, including S corporations, C corporations, partnerships, and LLCs. It explains the different techniques available for effectively planning the transfer of a client's wealth, beginning with an explanation of the objectives and techniques of estate planning for closely held business owners. Topics include entity classification for tax purposes; transfer and partnership tax issues; and examples of tax savings. Includes sample forms, including a limited partnership agreement.