Succession Planning Peer Group

Name: Succession Planning Peer Group

Date: March 11, 2021

Time: 7:30 AM - 8:30 AM EST

Event Description:

Operating Agreements

Without a solid operating agreement, conflict can cause harm to a family business including loss of control of the business. A thoughtful operating agreement can mitigate such harm as family dynamics change over time. This discussion will include:

Transfer restrictions
- What happens when someone leaves?
- Death; Divorce
- Puts and calls
Cash flow distributions
Management – member-managed versus manager-managed

Generously sponsored by M organ Stanley

It is never too early to think about succession planning in a family owned business! This dynamic monthly peer group is facilitated by Bea Wolper of Emens & Wolper Law Firm and Meredith Sugar of Taft Law. They provide a forum to discuss all aspects of succession planning - from inter-family dynamics to strategic planning - in interactive sessions that will provide the foundation for transitioning your family business to the next generation. This program is not just for founders/owners attending together with successors or next gens is very important and beneficial.

Please register in advance:
https://us02web.zoom.us/meeting/register/tZAsfumvqj4uGNRWAAKmWFGxkaVqIqEUyyI8

After you register, an email will be sent to you from ZOOM with log-in information for the meeting.
* If you are new to ZOOM, you can test your device here: https://zoom.us/test