Business Succession Planning

Step 1: Select Desired Format In Blue

Step 2:

Live Webcast/Rebroadcast - You watch the course online at the specified date and time shown below. You can ask questions and receive answers during the course.
On-Demand - You watch the course anytime and will have access to the course 24/7. Our On-Demand courses are available within 5-10 business days after the original recording and accessible for one year.

Course Description

Live Webcast - October 22nd, 2018

  • 2:00-4:15pm PST / 3:00-5:15pm MST / 4:00-6:15pm CST / 5:00-7:15pm EST

Estate planning is a complicated decision making process, and adding in a family business only makes it more so. Interests frequently diverge when some family members are involved in the business and others are not. Hiring outside management does not necessarily resolve matters. Structures and practices must be put in place to minimize conflict between successive generations and family branches. Governance and procedures can potentially reduce tensions, as can a clear mission statement. Deciding if and when to sell the business, and to how best accomplish such a sale, can ultimately be the most important business decision made.



  • Megan Lisa Jones
    Ms. Jones has both a J.D. and an L.L.M. in tax from Loyola Law School, Los Angeles. She finished her L.L.M. with Honors. Undergraduate work was completed at Pepperdine University.

    Megan focuses on advising clients on a wide range of business and estate planning issues. Having worked as an investment banker for Lazard Freres and Needham & Company, her grasp of financial complexities provides a solid foundation for corporate transactional or complex trust issues. Ms. Jones also advises on NMTC and LIHTC, and has a California real estate broker’s license.

    Megan’s clients include individuals, businesses, real estate developers and not-for-profit organizations. She has sold businesses from inside trusts and outside, handling complex S Corporation or public company issues. She has also worked with individuals handling troubling family or other personal complexities in achieving an optimal estate planning solution, and then followed through on the administrative end.

    Contact Megan Lisa Jones

      • 2 General Credits
      • ProLawCLE will seek approval of any CLE program where the registering attorney is primarily licensed with exceptions stated below. Application is made at the time an attorney registers for a course, therefore approval may not be received at the time of broadcasting.

        ProLawCLE does not seek approval in the state of Virginia.

        Each state has its own governing rules and regulations with regards to CLE courses and formats, therefore please contact your state MCLE regulatory entity for further details about your state's rules. Please visit our State Requirements page for information regarding your state's CLE requirements and/or contact information for your state bar.

        As stated in our Reciprocity Provision, ProLawCLE will grant credit in the following states through reciprocity, therefore direct application will not be made in these states:

        AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, and PR.

        ProLawCLE is dedicated to providing quality education from expert speakers and ensuring each attorney receives CLE credit for their participation. If for some reason a particular course does not receive approval in the attorney's primary state of licensure, ProLawCLE will give credit for a future approved course or give a full refund, if applicable.

      Each On-Demand course is available to you for 1 year from date of purchase. Additionally, CLE credit is only available within that year.
    1. What is business succession planning?
    2. What structural and tax complexities should be considered?
    3. How and when to split business interests.
    4. When to sell a family business and how to go about doing so.
    5. What estate planning techniques can be put in place to minimize family conflict and protect an operating business?
    6. What obligations do those running the business have to minority shareholders or beneficiaries of a trust that holds a business interest?
    7. What other material factors are relevant for those doing business succession planning?

Related Items