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Family Businesses: Employing Family Members and Preventing Fall outs

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Kuits Solicitors

7th Floor, Blackfriars House

Manchester

M3 2JA

United Kingdom

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In this seminar which forms part of a series aiming to provide family businesses with a roadmap to success, the Kuits Family Business team will be exploring common issues that arise when employing family members and, importantly, how this corresponds with the management of non-family member employees. They will also be discussing how family breakdowns can have a significant negative impact on a business and what steps you can take to protect your business from fallouts, now and in the future.

This session will also look at case studies to illustrate particular pitfalls and how decisions can fall foul of discrimination laws. Key discussion points will include:


  • Things to think about when employing spouses and children

  • Do family members need employment contracts?

  • The importance of clear recruitment, promotion and redundancy policies

  • Ensuring non-family members within the business are not discriminated against

  • Common disputes and how you might resolve them

  • Some potential pitfalls and ways to prevent and manage them

  • Remuneration of family members – shares or salary?

  • Ways of protecting the current and future value and wealth of your business

  • The impact your children’s marriages may have on your business

  • The role of pre-nuptial and post-nuptial agreements

  • Passing down wealth and ownership to children in the event of divorce

  • What to do if there is a dispute

  • The role of trusts and how they can be protected


About the Series

The Kuits Family Business team knows that no two family businesses are the same. We understand the pressures that family-owned businesses face, but also the freedom that running such a business gives.

This series of seminars will equip you with the knowledge and support you need to successfully implement practices that will drive high performance and healthy family relationships, and safeguard your family business for the future.

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Date and Time

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Kuits Solicitors

7th Floor, Blackfriars House

Manchester

M3 2JA

United Kingdom

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