CLE - The Importance of Estate and Succession Planning for Family Owned, Emerging and Franchised Businesses - LIVE WEBCAST

FREE ELIGIBLE                            
VIRTUAL WEBCAST ONLY - Live or work in a different jurisdiction or outside county? Attend via webcast from any convenient location. Ask questions and leave comments using the chat feature in "real-time."                

The Importance of Estate and Succession Planning for Family Owned, Emerging and Franchised Businesses
Co-hosted by the Business Law Section's Franchise Law Committee, Small Business Committee, Probate & Trust Law Section and Real Property Section

Individuals and families who establish small to medium-sized businesses take several steps when setting them up, including forming an entity, obtaining a tax identification number, and obtaining key man, liability and other types of insurance. However, one very important step that is frequently overlooked or not considered until it is too late is succession planning and related to that, estate planning. It is likely, if not inevitable, that at some point in time there will be a change in control of the business, whether because of the retirement or death of one of its principals, a divorce, the business filing for bankruptcy, a sale of the business or some other event. These types of changes can have a significant impact on various aspects of the business, including its leases and other contracts, its employees, its relationship with its vendors and suppliers, and its overall operations. If the business is a franchise, there are additional considerations and risks, and care must be taken, and planning conducted, to avoid the franchisor deeming whatever the change is to be an “unauthorized transfer” and therefore claiming the franchise agreement has been violated and seeking to terminate the franchise.

In this CLE program, a panel of distinguished practitioners from the Association’s Probate and Trust Law Section, and the Business Law Section's Small Business and Franchise Law Committees will discuss the various types of changes in control that can occur and what steps can be taken, and what best practices can be employed, by owners of small to medium-sized businesses, including franchisees, so that they are well prepared for such changes, to ensure the continuity and long-term success of the business, and to safeguard the legacy built by the franchisee or other business owner

Attend this program to learn how proactive estate and succession planning can protect your business, your family, and your future.

Panelists:
Eric Díaz, Esq.
Founder and Managing Partner, LareDiaz
Small Business Committee of Business Law Section

Devin S. Fox, Esq.
Of Counsel, Stevens & Lee
Probate & Trust Law Section

Daniel R. Levine, Esq.
Member, Cozen O’Connor
Probate & Trust Law Section

Charles S. Marion, Esq.
Partner, Business Litigation, Blank Rome LLP
Franchise Law Committee of Business Law Section

Craig R. Tractenberg, Esq.
Partner, Fox Rothschild LLP
Franchise Law Committee of Business Law Section

Login link and materials link will be provided via email the evening before the program.

VIRTUAL ONLY:
Via LIVE Webcast on your computer, tablet or smart phone

Cancellation policy for live, video, webinar, podcast, and telephone registrants 

If cancelling your registration, you must notify the Philadelphia Bar Association by email CLEcancel@philabar.org or FAX 215-238-6349 no later than 2 business days prior to the course presentation date for the appropriate site, in order to receive a 100% refund; 1 business day or less, you will receive a full tuition refund minus a $25 administrative fee. Transferring a registration to a substitute course date and time are welcomed. If you do not attend the course and did not notify Philadelphia Bar Association in the appropriate advanced notice, you will receive the course materials in full consideration of tuition paid.