If you are new to succession planning, need expert advice, or simply don't know where to start, don't miss this in-person roundtable where we will cover the fundamentals! Bea Wolper of Emens Wolper Jacobs & Jasin and Meredith Sugar of Taft/ will facilitate this discussion, give practical advice, and answer any questions you may have. Topics we will discuss in this session include: * What kind of owner are you? There are several types of owners and identifying which you – and other stock-owning family members - is a great place to start. * What are your criteria for next gens to join the business? When, along with compensation and expectations – all important considerations. We’ll cover best practices on this sometimes controversial topic! * Buy-Sell Agreements: Who needs them and the important reasons behind them. * Seven Keys to Family Business Succession: It’s more than signing over ownership! We’ll tackle the succession of ownership, management, leadership, authority, relationships, and values, and respect. ... read more

You have probably heard the statistic that 70% of family wealth is lost by the 2nd generation and 90% is lost by the third generation. What are you doing to lower that number for your business? ... read more

A well designed and dynamic system of internal controls is needed to safeguard your business assets, protect against fraud, and ensure complete and accurate financials. Learn how family-owned businesses can assess their risk areas and implement or strengthen internal controls….and sleep more soundly at night! By tapping into our firm's experience of implementing, testing, and remediating internal controls at large corporations, we have developed an assessment of the internal controls that are key to smaller organizations. We’ll cover entity level controls, business process controls, and key IT controls as well as how to navigate the challenges that are specific to smaller organizations. ... read more