Sponsored
If your family had to step into your business tomorrow, would they be empowered—or overwhelmed?
You’ve built a business that provides for your family—but if something happens to you, that same business can quickly become a source of confusion, conflict, and financial instability for the very people you intended to protect.
If your family is not involved in the day-to-day operations, they may have no legal authority to step in, no access to accounts, and no clear direction on how to manage or transition the business. In many cases, they are left navigating court processes, making high-stakes decisions under pressure, or relying on third parties who do not fully understand your vision.
The result is not just inconvenience, it can be a breakdown in operations, loss of income, strained relationships, and a rapid erosion of the value you spent years building.
This session will address the uncomfortable but necessary question: Would your family know what to do—and would they even have the authority to do it? More importantly, we will walk through how to ensure they are protected, prepared, and positioned to carry out your intentions without disruption.
Learning Objectives:
Participants will understand the legal and practical challenges families face when a business owner becomes incapacitated or passes away without a coordinated estate plan. They will learn how lack of planning impacts authority, access, and decision-making, particularly for family members who are not involved in the business.
Key Takeaways:
Attendees will leave with a clear understanding of how quickly a business can become a burden for their family without proper planning, the essential tools needed to protect both business operations and family stability, and the immediate steps required to ensure their loved ones are not left in a position of uncertainty, risk, or financial distress.
Attorney Pamela Denise Mack is the founding and managing member of The Mack Law Group, a boutique Bloomfield Hills-based law firm. Ms. Mack enjoys the distinction of being a Top 100 National Black Lawyer. She founded the firm in 2019 and concentrates her practice in the areas of corporate/commercial transactions and legacy planning, by providing counseling and advice to businesses, business owners, and their families.
Ms. Mack brings over two decades of prior in-house corporate experience to her practice. Prior to forming the Mack Law Group, Ms. Mack served as in-house corporate and real estate counsel. As corporate counsel to a Fortune 100 Corporation, she oversaw leasehold matters for its over $600 million in real estate assets. She then went on to serve as in-house Corporate Counsel for the world’s largest inventory services corporation with operations in over 40 countries, with 20,000 employees worldwide. There she was responsible for overseeing corporate contracting (including IT and vendor agreement negotiations), global data privacy, and FCPA compliance functions. During her time with the company, she negotiated over $200 million in vendor and service agreements.
She draws on that wealth of experience to offer emerging and established business enterprises the benefit of her in-house experience, while serving as their outside General Counsel. Ms. Mack’s expertise extends from corporate executive suites to the important business of providing counsel to business owners and their families on preserving their legacies with business succession and estate planning.
