March 26, 2019
6:00 PM to 8:00 PM
CBA Law Center
30 Bank St
Presented by the Young Lawyers Section
About the Program
Many attorneys—whether solo or at a small to mid-sized firm—represent businesses that are owned by members of the same family. Many of these clients focus on the day-to-day operations of the organization without giving much consideration to the long-term consequences if someone were to die, become disabled, or retire, or a host of other unexpected events occurs. This program will focus on the key role that proper planning plays to ensure that both the business and the family members individually can continue functioning after facing such an event.
You Will Learn
- Determine current ownership objectives, manage potential conflicts among successors, and balance the different exit goals of family shareholders/members
- How to identify the different financial products available that will help facilitate a successful transition for all parties, including different insurance options and tax considerations
- How to structure shareholders or operating agreements to reduce the risk of ambiguity, including the method of valuing the business, defining triggering events that give rise to a buy-out, possible discounts in certain situations, dispute resolution mechanisms, and related considerations
Who Should Attend
Any lawyer who works with family-owned businesses.
(Includes electronic materials*, dinner, and parking in the public garage at 35 Bank St)
Student Member $15
|David J. Fasi
UBS Financial Services Inc.
|Andrew N. Karlen
Law Office of Andrew N. Karlen
Rye Brook, NY
|Benjamin P. Michaelson
Zangari Cohn Cuthbertson Duhl & Grello PC
Casey A. Olden
, Chipman Mazzucco Emerson LLC, Danbury
CT: 2.0 CLE Credits (General)
Find Out More
NY: 2.0 CLE Credits (AOP)
The Connecticut Bar Association/CT Bar Institute is an accredited provider of New York State CLE. This program qualifies for transitional and non-transitional credits. Financial hardship information available upon request.
*Electronic materials are included in the price of the seminar. Any materials for this seminar will be e-mailed to registrants prior to the seminar for download. No paper copies will be provided unless purchased separately. Please note that refunds will not be granted once course materials have been sent. Cancellations made less than 2 business days prior to event are non-refundable.
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