This workshop focuses on how to plan ahead for a smooth transition of the family business and assets to the next generation. Panelists will discuss how business owners can engage into fruitful conversations with their children about their future, awaken their interest in joining the family business, and address the legal and financial implications of estate planning, as well as their options in terms of next-generation leadership (appoint a family member to take over, sell to a team or coop of current workers, or sell to an outsider). Participants will be invited to reflect on their personal and business goals, their options and challenges to transition the business to next-gen leaders, and to draw a timeline and preliminary checklist of issues to address. SBA’s posting of events is not an endorsement of the views, opinions, products, or services of any cosponsor or other person or entity. All SBA programs or cosponsored programs are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made for SBA events, if requested at least 2 weeks in advance. Call 415-744-6820 or email email@example.com.