Using Life & Business Disability Insurance as Financial Tools for SSF Succession Planning
Call-in information will be out on the morning of the CLE. Please contact [email protected] with any questions.
Start Date - End Date
February 22, 2023
Registration Deadline
Wednesday, February 22, 2023
Using Life & Business Disability Insurance as Financial Tools for SSF Succession Planning
Wednesday, February 22, 2023
12:00 PM - 1:30 PM
This 90-minute session, Part 3 of the Financial Literacy Series for Solo and Small Law Firm Owners, will focus on establishing advance financial solutions in the event a solo or small law firm owner experiences unexpected death or disability. While a comprehensive succession plan and appointing a backup attorney can provide the procedures and human resources for maintaining client representation upon a SSF owner's sudden unavailability, identifying the mechanics and resources to be used will not be adequate without the funding necessary to implement them. Pre-planning a source for funding is essential to ensure the firm can continue to fulfill its duties to clients. Our presenters will explain the various insurance options available to provide the financial resources for an owner's temporary absence or to unwind a deceased owner's legal practice.
The Practical Lawyer CLE Series is intended to provide solo and small law firm owners a solid overview of the various aspects of business management and development in the context of owning and running a law firm, including how ethical issues affect firm management and development through the practical application of Colorado's Rules of Professional Responsibility.
Speakers:
Polina Engel: As part of a Business and Advanced Solutions team at Principal Financial Group, Polina Engel is an attorney with extensive experience consulting with financial professions who work with business owners on areas of business succession and valuation, employee retention and benefits, retirement, and estate planning. Polina's approach is to uncover each business owner's unique needs and challenges, and suggest innovative, real-life solutions to address each individual situation
M. Susan Ondack: Susan Ondack is the Disability Income Regional Vice President of Principal Financial Group and has worked in the disability insurance business for almost 40 years. Susan specializes in educating agents and brokers on the world of income protection insurance. Considered an expert in the field, Susan and has spoken nationally on this topic and assists business owners in understanding and designing disability insurance coverage, customized for their specific professional and financial circumstances and needs.
Approved for 2 general CLE credits.
Registration Fees
| Price Description | Amount |
|---|---|
| CBA Members | $25.00 |
| Non Members | $25.00 |
| SSF Section Members | $0.00 |
Available Functions
Speakers
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