Food for Thought Sponsored by:

Business Succession Planning

October 4 | 12:00 pm to 1:00 pm (Lunch begins at 11:30 am) | 1 LU Credit

MassMutual Office | Wolfpack Room

4000 Westchase Boulevard, Suite 400 | Raleigh, NC 27606

AIA Members and AIAT Sponsors: $0 | Non Members: $25

Program Description:

The focus of this presentation is to help small business owners understand the various parts associated with business succession and continuation. It is a focused seminar that primarily touches on why you need a plan, what can happen without it and the proper documents necessary to transition in the most efficient way possible.

Learning Objectives:

1. Participants will analyze what a proper buy/sell agreement does and how it should be set up to help effectively transition a business under various circumstances.
2. Participants will discover the appropriate ways to fund a buy/sell agreement in order to ensure that the company can afford to deal with transition if it were to come unexpectedly.
3. Participants will determine the three ways that a family business can transition and what the company can establish in order to meet whichever route they want to go during the transition phase.
4. Participants will assess how to prepare for the tax ramifications that could be associated with a transition and how to navigate such taxes in the event of an unforeseen need to transition the business.

Presented by:

Domenica Stuckey

Domenica is a Financial Advisor working with Architects for nearly 10 years. Her focus is family financial planning and business succession and continuation. She loves helping people navigate the challenges associated with managing risk and growing their business and overall wealth. She and her husband have a little boy who just turned one.