NORTHERN IDAHO ESTATE PLANNING COUNCIL

Join us for this special panel discussion with Keith Atneosen, John Kamprath and Debra Mervyn with moderator Tyler Snyder of Grady Financial Network.

Succession planning is necessary no matter the industry the business owner finds themselves in and often is more challenging than it should be. Clients with significant business assets present unique and complex planning challenges and we have all heard the statistics about businesses not succeeding past the first generation.  Proper planning and education, early and often, and developing the right team of advisors for your clients is crucial for putting the success in succession planning.

In this panel discussion we will cover succession planning topics and considerations like:

• Impact on Family Harmony
• Knowing there is more than one right answer
• Do Your Due Diligence (Advisor Due Diligence Just as Important at the Client Don’t Their Due Diligence)
• Know the Difference Between Control and Ownership and Why it is Important
• Don’t Neglect Review of Shareholder Agreements
• Opportunities When Planning with Newly Created Entities

·       And Planning Strategies:

• Gifts – Outright and In Trust
  • Transfers to SLATs and/or IGTs
• Sales to IGTs
• GRATs

Panelist bios are below:

Keith Atneosen, Founder/Principal Partner at Freedom Summit Consulting LLC

Keith Atneosen is the founder of Freedom Summit Consulting LLC and President of the Northwest Exit Planning Association (NEPA). He assists family and closely-held business owners with strategic planning and preparing to transition the stewardship of their business. In addition to transition planning, Keith assists clients with value building and developing the next generation of leadership.

Following over two decades of various management, consulting, and sales roles, Keith founded Freedom Summit Consulting LLC in 2021. He earned his Master of Science in Financial Services through The American College and completed the Executive Development Program through the University of Washington Foster School of Business. His credentials include:

• Certified Exit Planning Advisor®
• Certified Family Business Advisor (Galliard Family Business Advisor Institute)
• Certified Financial Planner™
• Accredited Estate Planner®
• Chartered Advisor in Philanthropy®

In 2004 Keith’s wife, Lauren, lost both of her parents in a car accident. Out of this experience Keith was compelled to help others work through major transitions, steward financial resources and plan for future life events. He authored the short book “The Life in Your Years” which addresses the importance of stewardship and legacy planning. His mission is to inspire effective stewardship through providing a trustworthy and innovative perspective that engages, encourages, and empowers others.

Keith and Lauren live in Hayden, Idaho, with their two children. They enjoy being involved in various ministries and exploring the great outdoors, including mountaineering, trail running, and marksmanship.

John Kamprath, Founder of Generational Legacies Wealth Management

John helps clients articulate their unique goals and collaboratively creates a transformative plan for navigating their future. John seeks to discover meaning, chart purpose, and deliver value to clients and their family enterprises.

Previously, John worked with a boutique multi-family office in Jackson, Wyoming, offering bespoke family enterprise cultivation, structural financial planning, inter-entity cash flow management, investment policy formation, and asset allocation. Prior to that, John worked at UBS as a Wealth Advisor, Portfolio Manager, and Senior Retirement Plan Consultant to private clients and businesses throughout the Northwest. There he also participated on the twelve-member Retirement Plan Consulting Services Advisory Board for five years.

John is a Certified Financial Planner™ Professional, a Certified Exit Planning Advisor™, a Certified Plan Fiduciary Advisor™, and has passed level one of the Certificate in Investment Performance Measurement from the CFA Institute. He received a BA in English Literature from the University of California, Los Angeles and an MA in Theology and Christian Ministry from Franciscan University. John and his wife have eleven children and eight grandchildren. He enjoys wine collecting, powder skiing, road biking, and piano performance.

Debra Mervyn, President/Principal of The Mervyn Group

As advisor and partner, Debra guides and assists clients toward solutions that advance business strategies, improve operations, and bring about transformation change.

Debra’s results-oriented experience includes design engineering and product development, operations (industrial and process engineering), supply chain, manufacturing and service, and quality improvements. Her expertise includes aerospace, medical devices, manufacturing, energy, IT and more, working with small to large OEMS and contract manufacturers.

Debra’s practice focuses on new product and process introduction, project management, risk management, management systems implementation and regulatory compliance. This focus includes improving existing systems. Her approach is based on a combination of process engineering and business management best practices.

Debra brings over 30 years of results-oriented experience in operations, design and process engineering, manufacturing and service and quality. She has a proven track record of rapid, effective project delivery.

Debra has a M.S. in Metallurgical Engineering from Columbia University, New York, New York and a B.S. in Biology from Willamette University, Salem, Oregon.