Evan R. Bermudez
Attorney | Skufca Law
Presenter bio
You Built the Business. Now Make Sure It Can Survive You: A Practical Estate & Succession Planning Guide for Construction Business Owners
Construction business owners spend years building companies, developing customer relationships, training employees, acquiring equipment and creating value. But what happens to that business if the owner dies, becomes incapacitated, retires unexpectedly or simply decides it is time to step away? This session goes beyond the traditional “you need a will” conversation. Construction business owners will work through the practical decisions that determine whether a company can continue operating when its owner is no longer running the show. Using real-world construction scenarios, this session will examine ownership, management authority, buy-sell agreements, business valuation, key employees, contractor licensing, equipment and real estate, family inheritance, trusts, powers of attorney and the coordination of business and personal estate plans. Attendees will leave with a practical checklist of questions to take back to their attorney, CPA, financial advisor and leadership team—and a clearer understanding of the gaps that could put their company, employees and family at risk.
Target audience: Business Owners
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