Legacy Leaders: Protecting Your Business Legacy Featuring Andre F. Regard

Andre Regard is an accomplished lawyer and entrepreneur who has a diverse legal background and is an expert in various areas of law, such as personal injury claims, business litigation, and estate planning. He holds a degree in accounting from Georgetown University and has extensive experience as a CPA. Andre is also active in his community, serving on several boards, including the Kentucky Health and Welfare Racing Fund and the Kentucky Equine Education Project. Currently, he holds the positions of President of the Central Kentucky Inn of Court and co-chair of the ABA Section of Litigation subcommittee on Consumer Protection Class Actions. People in both the legal and business worlds really respect him because of his entrepreneurial spirit and natural leadership abilities. Listen to this informative Your Life. Your Legacy. episode with Andre Regard about the importance of family meetings and corporate formalities in protecting family-owned businesses, as well as the significance of succession planning and involving all advisors in estate planning for a business's future success. Here is what to expect on this week’s show: ● Having a family meeting is important to discuss business interests, succession planning, assets division, and share personal updates, as it ensures the continuity of family-owned businesses. ● Corporate meetings help businesses comply with legal requirements and protect themselves from liability by following formalities. ● Planning for succession is essential for family businesses and farms to continue as a legacy beyond the current generation. ● It's crucial to involve all advisors in estate planning to ensure the future success of the business by coordinating the various aspects like setting up trusts and protection vehicles. ● It's beneficial to identify potential issues early and involve professionals to find solutions like insurance products, to prevent litigation by creating a plan for the future. Connect with Andre: Twitter: https://twitter.com/lawregard Instagram: https://www.instagram.com/andreregard Facebook: https://www.facebook.com/regardlaw LinkedIn: https://www.linkedin.com/in/andre-regard-5057b83/ and https://www.linkedin.com/company/regardlawgroup/