Succession Planning: The Texas Hold'em Moment: Strategies to know when to hold, sell, buy and execute

Description:

The Institute for Family Owned Business, IFOB & MECPA present an all-star panel of business professionals who will share experience, expertise and perspective on a range of succession planning topics.  Panelists include:

Moderator, Janice DiPietro, CEO, Exceptional Leaders, Intl.
Tim Benoit, Attorney, Perkins Thompson
Patti Camelio, Sr. VP, People's United Bank
Moya Elliot, Sr. VP, People's United Advisors
Seth Webber, BerryDunn Wealth Management

Lunch, conversation and Q & A included.

Highlights:

  • Business Valuation
  • Estate Tax & Retirement Planning
  • Financing
  • Legal entity issues
  • Communication/Human Capital
  • Objectives:

    Provide business owners and their financial and legal advisors with skills and knowledge to identify the most appropriate strategies for business transitions.

    Prerequisites:

    None.

    Credits:

    3

    Course Level:

    Overview

    Registrations are currently closed.

    Location:

    Husson University Westbrook
    340 County Road
    Westbrook, ME 04092
    View Map

    Start:

    June 20, 2019 11:00am

    End:

    June 20, 2019 2:00pm

    Check-in starts at 10:45am

    Leaders:

    Camelio, Patricia L.

    Patti Camelio – Senior Vice President and Commercial Leader at People's United Bank
    Patti Camelio, CPA is a Senior Vice President and Commercial Lender at People’s United Bank in Portland, Maine. Patti brings over 25-years of experience in commercial lending to Maine businesses and institutions in a wide variety of industries with expertise in mergers, acquisitions and business succession. She prides herself on delivering exceptional customer service. Patti earned a Bachelor of Science degree in Business Administration with a concentration in Accounting from the University of Vermont. She resides in Falmouth with husband John, two children and chocolate lab.

    Webber, Seth

    Since joining BerryDunn in 2007, Seth has brought his combination of valuation, consulting, and operations skills to bear for his clients, helping them navigate challenging issues related to business valuation. As head of the Valuation Group, he leads a diverse team of valuation experts that draw on the deep resources of BerryDunn to help clients address their needs. Seth is heavily involved in working with clients to define and execute transition plans, including valuations relating to ESOPs, management buyouts, sales, and gifting. He also provides expert witness services to clients and attorneys on business valuation, economic damages, and lost profits. Seth holds an MBA, as well as numerous credentials (CFA, CEPA, CVA, ASA, CBA) all focused on gaining knowledge to help his clients answer difficult questions related to value and succession planning. His prior experience included management and consulting experience including several years with Deloitte Consulting in Boston and Detroit. Seth holds a MBA from the University of Virginia, Darden Graduate School of Business Administration and a Mechanical Engineering degree from Cornell University.

    Elliot, Moya

    Moya A. Elliot, CFP®, CTFA is a Senior Vice President and Senior Relationship Manager at People's United Advisors. In her role, Moya advises high net worth individuals and families on financial, retirement, estate, and tax planning. She has been with the firm since 2016.
    Moya has over 30 years of experience in wealth management. Prior to joining People's United, Moya was a Senior Vice President and Senior Trust Officer in the High Net Worth group at U.S. Trust. She previously oversaw the Trust Administration team at Maine Bank & Trust.
    Moya holds a B.S. in business administration from Villanova University and an MBA with an accounting focus from Seton Hall University. She also holds the designations of CERTIFIED FINANCIAL PLANNER™ (CFP®), Certified Trust and Financial Advisor (CTFA), Chartered Retirement Planning Counselor (CRPC), and Accredited Domestic Partnership Advisor (ADPA). Active in the community, Moya is a member of the Planned Giving Committee of the USM Foundation, past president and current member of the Maine Estate Planning Council, Trust Committee member of the Maine Bankers Association and Corporator of Hospice of Southern Maine.

    Benoit, Tim

    Tim is a shareholder and director of Perkins Thompson, a Portland based law firm. He provides legal counsel to individuals and entities to create and maintain successful business enterprises. He has been involved in many merger and acquisition transactions as counsel to either the acquiring or the acquired entity. In addition, Tim provides estate planning to individuals and integrates his business practice with his estate planning practice to assist clients develop an orderly succession plan for their businesses. Representative projects include tax-free reorganizations, recapitalizations of corporations and limited liability companies, formation of ESOPs, forward and reverse 1031 Like Kind Exchanges, and negotiation of shareholder agreements and LLC operating agreements. He is included in The Best Lawyers in America© 2017 in the field of Tax Law and has an AV Peer Review Rating from Martindale Hubbell, the highest rating available.

    DiPietro, Janice

    Janice DiPietro is founder and CEO of Boston-based Exceptional Leaders International (E.L.I). She has successfully led and consulted to companies for more than 25 years and has experience in many diverse and complex industries with a focus on family controlled enterprises. Her team of C-level veterans guide family-owned organizations through their most critical transitions and periods of growth to maximize ownership value. She can be reached at jdipietro@eliadvisors.com

    Designed For:

    Family Business owners, accountants, bankers, financiers, attorneys and consultants.

    No

    Find A CPA