Wednesday, March 3, 10:00pm - Thursday, March 4, 12:00am (EST)
In the next few years, as business owners decide it may be time to have a break, we will see more businesses come on the market and change hands, or passed from one generation to the other. Whichever way you dice it, the first question is “When is the right time?” and the second question, “Am I ready?” Family Business Central senior consultant, Bob Selden, helps set up family businesses for the next generation through working with those involved and including everyone in the process to promote a healthy transition. The talk will include action steps each family business can follow.
New Zealand is one of the most trusted countries. By that we mean, there are more than 400,000 trusts set up for families and businesses. With the Trusts Act 2019 coming into force on 30 January 2021: full disclosure to beneficiaries, extra reporting obligations, and more transparency around trusts; there are a lot of questions about what this means for your current structures and the value of trusts in the future. Dewhirst Law associate Samantha Bills will unpack what the changes mean, how they may affect your succession plan or business, and answer all your questions.
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Stellar Function Room, 2 Victoria Avenue, Whanganui
Colleen Sheldon, colleen.sheldon@whanganuiandpartners.nz