Speaker: Scott Zucker, Partner, Weissmann Zucker Euster Morochnik & Garber P.C.
Format: DVD (USPS Shipping Required)
Duration: 48 minutes
NOTE: Please allow up to three business days for the processing of your order.
Legacy and Succession Planning for Family Self-Storage Businesses
Most self-storage businesses are mom-and-pop operations, with many being family-owned. Some operators may already have experienced generational turnover. Our presenter will discuss the proper planning, discussions and decisions that must be made when one generation intends to pass on its real estate operation to the next, including lessons learned. This is a can’t-miss session for generational operators concerned about the future of their business.
You’ll learn:
- The importance of gathering corporate and tax advisors and stakeholders
- How to train for the next generation
- How to prepare for death or disability
- The difference between ownership and management
- How to decide whether to keep or sell the business
This product is also available as on-demand video.