Beyond Succession: Strategic Planning for Multi Generational Business Continuity
Date: February 26 Time: 12:30 pm - 1:30 pm
Cost: This event is being offered as a free education session.
Woburn, MA 01801
Ensuring the long-term success of a family business requires more than preparing the next generation to lead. It demands a thoughtful, coordinated approach to succession, trust and estate planning, and corporate structuring. This panel discussion will explore how families can effectively align these key planning areas to preserve their business, protect their wealth, and support a smooth transition of leadership and ownership.
Our session will cover critical topics including managerial and succession planning, corporate and family governance best practices, trust structures, estate planning strategies, wealth integration and preservation, and corporate considerations that support continuity and reduce risk. Attendees will gain practical guidance and actionable insights to help navigate the complex personal, financial, and corporate dynamics inherent in family enterprise planning.
Whether you are a business owner, next generation successor, or advisor to family owned companies, this seminar will provide valuable tools to support a stable and sustainable future for your family business.
Panel members include:
- John Colucci, Managing Director of McLane Middleton (moderator)
- Kimberly Kramer, Director and Vice Chair of McLane Middleton’s Corporate Department
- Ryan Swartz, Director and Chair of McLane Middleton’s Trust & Estates Department
- Doug Baumoel, Founder of Continuity Family Business Consulting
Presenters
John is McLane Middleton’s Managing Director and first Massachusetts-based Managing Director in the firm’s 105-year history. He has a dual background as both an attorney and CPA. This unique skill set gives him a differentiating perspective and depth of understanding of the legal issues necessary for protecting a growing business, as well as the financial drivers of operating and sustaining a successful company. John’s ability to communicate complex legal and business issues clearly, concisely and simply is a hallmark of his work, as is his easy manner, yet no-nonsense style in effectively managing business and legal matters for his clients.
Kim is Vice Chair of McLane Middleton’s Corporate Department. She represents entrepreneurs, closely held and family owned businesses in transactional matters ranging from entity selection and formation to drafting and negotiation of shareholder and operating agreements and other complex contracts including distribution, joint venture and licensing agreements. She is experienced in asset and stock sales including the successful transfer of ownership to third parties, the next generation and key employees. She also represents companies in convertible debt, private equity and venture financing transactions.
Ryan is Chair of McLane Middleton’s Trust and Estates Department. He advises individuals and families regarding various estate planning matters, including estate, gift, income and generation skipping transfer tax strategies. He advises fiduciaries in conservatorship, probate and trust administration matters. Ryan also counsels individuals and business owners regarding business succession planning and various asset protection techniques, including limited liability companies and asset protection trusts.
As the Founder of Continuity Family Business Consulting, Doug Baumoel specializes in conflict management and leverages his extensive expertise in family business, family office operations, and governance for client families. Doug draws from his extensive experience in starting and managing businesses in both the U.S. and Europe, where he successfully established and led the European offices of his second-generation family enterprise. Doug has applied over 25 years of business experience to develop a robust process for analyzing the key variables that influence family business conflict.