News and Insights

Succession Planning and Implementation: The Good, the Bad and the Ugly

Speaking Engagements

11.17.16

Succession planning for a privately owned business requires special care. To meet the critical challenges posed by succession planning, owners of private businesses are often best advised to seek the assistance of independent counsel and wealth advisors to work with the company's regular and trusted professionals. In the mix of governance, tax and financial issues to consider, there are also personalities, talents and aspirations.

Telemus Capital and Dykema Gossett have unmatched experience in providing the expertise, perspective and judgment needed to address these challenges. It is a "second opinion" that owners and managers of private businesses need to invest in for everyone's benefit. You may only have one chance to get succession planning right. The benefits from getting it right are not simply financial but personal and long lasting.

Topics and Presenters

Telemus Capital—Robert Stone is one of the firm's founding Partners. Bob will explain the job of a wealth advisor and why a wealth advisor is a necessity for achieving a "good" result in succession planning and implementation.

Dykema Gossett—Jin Koh and Mike Bernard are transactional and corporate lawyers, versed in evaluating all options for owners to assess as a part of succession planning.

Mike Cumming and Marie Deveney are trusts and estate lawyers, integral to avoiding "bad" succession planning.

Samuel Damren and Lisa Brown are litigators and governance counsel conversant with the pitfalls and the "ugly" when succession plans and implementation get it wrong.