Preparing Family Businesses for the Unexpected

This presentation explores the unique risks and planning challenges faced by family businesses and highlights strategies to prepare for unexpected events such as illness, disability, death, or sudden leadership transitions. It emphasizes the importance of proactive succession and continuity planning, including the use of buy-sell agreements, key person protection, estate planning, and life insurance solutions to preserve business stability and family harmony. The session examines how advisors can help business owners identify operational and financial vulnerabilities, facilitate family communication, and create structured transition plans that align with both business and personal goals. Advisors will also gain insight into balancing family dynamics with long-term business sustainability, ensuring that unexpected events do not jeopardize the future of the business or the wealth it represents.

Presentation Preview:

Want to learn more about this presentation? Click the video to the left to watch the first 3 minutes! COMING SOON! Full presentation time: 1h 3m

How to Earn Your CE Credit?

This is a simple 3 step process 1. Watch the full presentation video 2. Complete all parts of the curriculum (listed below) 3. Click the Complete Course button at the end. Good news for you, is that there are no quizzes!

CE Credits provided by this presentation:

* FP Canada - 1 General credit * CIRO (MFD)- 1 Professional Development credit (in bundles) * CIRO (ID)- 1 Professional Development credit, (in bundles) * Advocis - 1 IAFE Approved credit * CSI - 1 Professional Development (in bundles) * FSRA - 1 FSRA Approved credit * AIC - 1 Life credit (in AIC bundles & webcasts) * ICS - 1 Life Insurance credit * ICM - 1 Life Insurance credit & acceptable to many other organizations.

Curriculum

1 Chapter · 5 Lessons

1. (Included in full purchase)
  Introduction and Instructions
2. (Included in full purchase)
  The Rules Governing CE Credits
3. (Included in full purchase)
  Presentation Overview
4. (Included in full purchase)
  Presentation Video
5. (Included in full purchase)
  Presenter Resourses

About the Presenter: Monica Rehal

With over 9 years in insurance and investments, and nearly 20 years of sales, supervisory, and managerial expertise, Monica is a demonstrated and results-oriented sales professional. Her dedication lies in delivering optimal insurance solutions to the Canadian market, addressing the unique financial needs of clients and their families. Monica's edge stems from her extensive experience selling Canada Protection Plan and Foresters Financial products, strengthening her ability to assist advisors across the country with the same level of care and integrity she has consistently provided her clients. Monica is fluent in English, Punjabi, and Hindi. This multilingual capability has allowed her to cater to clients from diverse backgrounds, and she is eager to channel that same enthusiasm into supporting advisors in their business goals.