Are you interested in one day passing on or selling your business?
Many successful businesses don’t survive beyond their first generation of owners — only one in three make it to the next generation. The key to ensuring your business thrives under new ownership is planning ahead and seeking the right guidance early in the succession process.
Join us for an informative workshop led by business and financial experts from New York Life, where they’ll walk through the essentials of succession planning and address common challenges business owners face in this process.
You’ll learn how to:
Set and achieve business succession goals
Work with tax, legal, and financial professionals to build a comprehensive succession plan
Facilitate team-based continuity planning
Determine what legal agreements are needed for a smooth transition, such as buy-sell agreements
Get a business evaluation
Develop strategies to retain and attract key employees
Leverage insurance-based solutions to support long-term business success
Meet our faculitator:
Eldridge T. Hawkins II
Corporate Vice President Advanced Planning Consultant
Eldridge Hawkins, II is a Corporate Vice President and Advanced Planning Consultant with New York Life Insurance Company, supporting agents working in the Northeastern Zone.
Eldridge came to New York Life with extensive experience in the financial industry. This includes advanced estate planning, retirement, employee benefits, and business planning. His experience enables him to excel at communicating sophisticated advanced planning concepts and strategies to agents, their high-net-worth clientele, and clients’ third-party professional advisors, in order to provide clarity and facilitate suggesting planning techniques to preserve wealth, protect assets and income, prepare for retirement, and focus on portfolios promoting growth, profit, and preservation of wealth.
Eldridge obtained his J.D. from Mitchell Hamline School of Law
About New York Life
New York Life is the nation’s largest mutual life insurance company, providing insurance, investment, and retirement solutions that help individuals and families build lasting financial security through its foundation and community initiatives.
Let’s build, thrive, and support Chinatown together. And a big thank you again to New York Life for making this possible!