Attorney Stephen N. Wilchins, Founding Partner at Wilchins Cosentino & Novins, returns to the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion entitled “What Family Businesses Need Today to Thrive.”

Moderated by Jeffrey Davis of Mage LLC, panel features Attorney Wilchins alongside Richard Hirschen of Gray, Gray & Gray and panelist Stewart Karger, administrator of Belmont Manor. In this first installment, Attorney Wilchins and the panel use Belmont Manor’s nearly 60-year history as a real-world case study. As Karger shares his thoughts on passing the torch, Attorney Wilchins provides strategic guidance, thoughtfully explaining that succession doesn’t have to be an “all-or-nothing” decision. Listen as Attorney Wilchins and the panel members explore flexible options, sharing how family members can engage periodically as trustees or board members and how owners can leverage alternatives like leasing or management companies to ensure a smooth transition and lasting legacy.