Gift It or Buy It? Transitioning the Family Business presented by Fifth Third Bank and GBQ

Transitioning a family business to the next generation comes with big decisions. Will ownership be gifted? Purchased? A combination of both? And how do you determine what makes sense for the business, the current owners, and the next generation? Join the UToledo Family Business Center and Center Sponsors Fifth Third Bank and GBQ for Gift It or Buy It? Transitioning the Family Business, a candid conversation about the different paths families can take when transitioning ownership from one generation to the next. Center members Matt McAlear of The McAlear Group and Christie McKenzie of Supplemental Staffing will share their real-world experiences navigating ownership transitions and the decisions, conversations, and challenges that came with them. Center Sponsor experts Rebecca A. Juhant, CFP® of Fifth Third Bank and Bret Clark, CPA of GBQ will build on these stories with practical considerations for transitioning ownership - from gifting and financing options to valuation, tax implications, and structuring a transition that works for both generations. There is no single path for transitioning a family business. Hearing how other families have approached the process - and understanding the options available - can help your family ask better questions and start important conversations about what the future of ownership could look like. Join us at 8:00 a.m. For breakfast, coffee and networking. The program will begin at 8:30 a.m. And conclude at 10:00 a.m. This is a member