New Trends in Family Transitions: Research, Failures, and Tools to Improve
December 22 @ 7:30 am - 9:30 am EST -
$35 – $45
Newly released data indicates poor succession rates and a failure traditional succession planning models often having to do with different generational attitudes and diverse model families (Read: those darn millennials!). Adding complexity: recently issued / proposed tax regulations on the current estate and business planning models.
In this session we offer general perspective on succession planning involving new family models and millennials, provide tools and tips for navigating the complexities, and go over specific legal solutions for the preliminary planning phases and final implementation of the buy-sell structure.
Open Networking -
7:30 am - 8:00 am
Mix and mingle with a great crowd!
New Trends in Family Transitions -
8:00 am - 9:00 am
Within this context we’ll discuss:
- Specific tools for working with younger generation through focused charitable planning and strategic business planning
- Offer legal perspective on charitable planning solutions (direct gifts, gifts of retirement assets, DAFs, CRT, CLT) and talent development/management transition (including implementation of employment/change of control/severance, compensation and equity incentives).
- Since younger generations embrace technology, we would also discuss legal protection for primary value drivers in the business (IP, contracts, customer and vendor relations, systems & procedures).