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Family Business Succession: Estate Planning



Estimated contact time: 1 hour

Credits:
  • NGWA: 0.1 CEU (1 CEU = 10 hours)
  • Per state: Varies, see specific state recognition in description
  • Continuing Education FAQs
Program description:
As the average age of the owner of water well businesses increases, substantial numbers of businesses will transition to the next generation or to new owners, One important aspect of business succession planning is estate planning. This presentation discusses, wills, powers of attorney, medical powers of attorney, living wills, trusts and other estate planning tools. More importantly, the presenter will discuss ways to use these tools to successfully transition the business to the next generation.

State-specific CEU recognition:
  • Alaska Department of Environmental Conservation — 1 CEU
  • Florida Water Well Contractors Continuing Education Program — 1 CEC (expires 1/16/2025)
  • Georgia Environmental Protection Division — 1 hour
  • Idaho Ground Water Association – 1 CEC
  • Kansas Ground Water Association – 1 CEU
  • Louisiana Department of Natural Resources — 1 credit hour
  • Montana Board of Water Well Contractors —1 CE
  • Nebraska Department of Health and Human Services — 1 CEU (in effect through 12-31-2024)
  • North Dakota State Water Commission — 1 CEC
  • Ohio Department of Health – 1 CE
  • Oklahoma Water Resources Board — 1 CEU
  • Oregon Water Resources Department — 1 CEC
  • Tennessee Division of Water Resources — 1 CEU
  • Washington Department of Ecology — 1 CEU
  • West Virginia Department of Health & Human Resources – 1 CEH
  • Wyoming State Engineer’s Office – 1 CPC