Personal Protection in Succession Planning
There are many benefits to shareholder agreements and prenuptial agreements, but when a dispute arises and the parties get nasty, things can get out of control. If the fight ends up in court, it can become extremely costly, embarrassing, and damaging to your company’s reputation. The final resolution may not be what you anticipated. This seminar will highlight some of the issues for which you may need to be prepared. Please join us for drinks, appetizers and networking immediately following the seminar.
Agenda
Shareholder Agreements / Pre-Nuptial Agreements
Bill Keating, Jr. and Adrienne Roach
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How are they challenged, implemented and enforced
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Relationships
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What actually happens
Litigation Process
William A. Posey
- How can you keep your financial and other records confidential
- Public battle
- Discovery
- Disclosures
- Diversion of attention
- Costs
- Data capture
- Insurance considerations
Bankruptcy Court
Robert G. Sanker
- Will the court honor or reject the agreement
- With whom are you negotiating
- What is the process, timing
IRS - Income / Gift / Estate Tax Challenge
Bill Keating, Jr.
- Will the IRS agree to company valuation
- What assets can they lien
- How can you protect assets
Cash Flow Issues
Bill Keating, Jr. and Adrienne Roach
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Where will the funds come from to settle with a former shareholder, ex-spouse, widow/widower or the IRS
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How will your lenders handle your outstanding loans in the event of a death or dispute
Market Place Impact / Family Impact
Bill Keating, Jr.
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Can your competitors feast on your problems
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How much of an impact on your family relationships
Registration
There is no charge to attend this seminar. Registration is now closed. Thank you.
Directions & Parking
For directions to our downtown Cincinnati office please click here. We look forward to seeing you.
Convenient parking may be found at Olympic Auto Park, however we cannot guarantee parking availability as space is limited. Should you have any questions, please contact Katie Lane at (513) 639-3926 or email her at klane@kmklaw.com. We look forward to seeing you!
