Business Law
Business Law
Thought Leader Series: 96% Agree They Need One, But Only 13% Have One: Getting Business Owners to Create a Succession Plan
The vast majority of family business owners share one characteristic: they fail to plan for succession. Most family businesses do not successfully pass to the second generation; of those that do, even fewer reach the third generation. Getting a business owner to give serious thought to succession planning is an often difficult, but highly useful, service attorneys can provide to their business owner clients.
During this one-hour webcast, Mr. Manterfield will emphasize how to get your clients into business planning mode, without overwhelming. Join us on Wednesday, January 30 at 1:00 p.m., EST and learn:
- How to create ongoing cash flow for the surviving spouse
- How to protect real estate and investment accounts from personal liability
- The appropriate trustee selection. How to position the surviving spouse for valuation discounts
- How the buy-sell agreement can be utilized to open the door for advanced business succession planning
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