Episode 60: Buy-Sell Agreements, The Last Will & Testament for Your Business with Paul Hood

Family Business Today

Our guest today is Paul Hood with Paul Hood Services located in Sylvania, Ohio. Paul is an author, a speaker, and an advisor to family owned businesses.

Paul obtained his undergraduate and law degrees from Louisiana State University and a Master’s degree in taxation from Georgetown University Law Center. Paul has taught at the University of New Orleans, Northeastern University, The University of Toledo College of Law and Ohio Northern University Pettit College of Law.

Paul is a highly sought-after speaker and consultant due to his innate ability to see through complexities and explain difficult and even boring subjects in understandable and entertaining language. He minces no words in doing so.

Paul has authored or co-authored nine books and over 500 professional articles on estate and tax planning and business valuation. Paul is the author of Buy-Sell Agreements, The Last Will & Testament for your Business as well Yours, Mine, & Ours, Estate Planning for People in Blended or Stepfamilies.

Both books can be purchased on Amazon Books or at his website paulhoodservices.com

In this episode of Family Business Today, Paul will:

• Expand on this importance of Buy-Sell Agreements

• Encourage family businesses to have a facilitator at business meetings

• Touch on how blended families can prepare for estate planning

• Share why kids (of all ages) should be involved in business meetings

• And more…

You can find out more about Paul Hood here. To learn more about his books, click here.

At the Tennessee Center for Family Business our passion is to help business owners create a positive environment in which their family THRIVES, their business performs and working together create a lasting family legacy. To learn more about the Tennessee Center for Family Business visit www.tncfb.com.

Would you like the opportunity to be in a small group community of like-minded family business owners/leaders and get access to years of experience and wisdom from other family business executives just like you?

If you answered yes, I would like to invite you to consider joining a family business mastermind group. To learn more visit our website at www.thefamilybusinessmastermind.com.

Until next time, There’s No Business Like Family Business…..We Know!