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Most successful businesses are owned by one or more families. Because they are family owned, these companies create many special planning challenges. Ownership and control do not shift among non-owner managers or anonymous shareholders. Rather, succession in ownership and management is a momentous and often highly emotional process for members of the family. Frequently, these transitions are caused by the retirement or death of members of a family member. And these transitions, if not carefully planned and delicately handled, can be ruinous, damaging the family and their company. This program will provide you a practical framework of trust and estate planning and succession planning for family businesses.
Handout Materials will be emailed to you prior to the seminar
1.0 MCLE Credit Hour
Daniel L. Daniels, Wiggin and Dana, LLP – Greenwich, Connecticut