Family Forest Business Transition Seminar | 2025 Conference
Join Forest Resource Consultants, Inc. on Tuesday, June 17th from 1:00 p.m. to 4:30 p.m. for the Family Forest Business Transition Seminar.
Every family forest owner faces the challenge of managing a family forest business through the next generational transition. The question is how that will happen…Will you do it proactively or reactively? Join FRC’s “Family Forest Business Transition Seminar” to begin the conversation for your family at the 2025 National Conference of Private Forest Landowners in Asheville, NC
Recent studies show that family businesses in transition have a 30% probability of successful transfer to the 2nd generation, a 10 to 15% probability of successful transfer to the 3rd generation, and less than a 5% probability of successful transfer to the 4th generation. While the transfer of the forestland asset is relatively simple; issues begin to arise, and transitions fail, when there are people involved. Generational transfer of the ethic, the legacy, and other values is much more difficult. In this session, we will introduce the main issues and questions to consider, and share some illustrative examples and pitfalls to avoid.
Who: David Foil and Patrick Callahan
When: June 17, 2025, 1:00 p.m. to 4:30 p.m.
Where: Grove Park Inn, Asheville, NC as part of the National Conference of Private Forest Landowners
Cost: $250/registrant, spots are limited to 25 participants.
How: Register online as part of your conference registration.
About the speakers
David Foil
David Foil recently stepped away from his role as company President and Board Chairman of Forest Resource Consultants after serving in the position for twenty years. He continues to serve as the company’s Managing Broker while also supporting the Family Business Planning Services team and assisting with business development efforts. David draws on his decades of experience working with private landowners and his organizational and administrative management skillset to provide invaluable advice to clients.
Prior to joining FRC in 1988, David worked with St. Regis Paper Company and J.T. Strahan Timber Corporation. He is a member of the Association of Consulting Foresters and is a licensed Forester and Real Estate Broker in multiple southern states. David is a member of the Board of Directors for the Georgia Forestry Association and the Forest Landowner’s Association. He previously served as President of the Georgia Forestry Association, the Georgia Chapter of the Association of Consulting Foresters, and is a former Trustee with the Georgia Forestry Foundation. Prior to beginning his professional career, David obtained a Bachelor of Science in Forest Management from Clemson University.
Patrick Callahan
Patrick Callahan is the founder of Xception Advisory Group, serving as team leader and wealth management advisor at the firm. Patrick leads his team and clients in developing tailored client strategy designs unique to each client and maintains his focus on active entrepreneurs and retired/transitioning entrepreneurs.
Leveraging his background as a business and estate attorney, international tax consultant, and financial consultant, Patrick works exclusively with successful business owners to help organize and integrate various aspects of their business and personal strategic planning.
Patrick earned his B.A. in International Economics and Finance from the Catholic University of America in Washington, DC. He began his career with Arthur Andersen and Deloitte Tax, providing international tax consulting to Fortune 500 multinationals. He earned his law degree from the Georgia State University College of Law and practiced in the areas of corporate law, business planning, tax, and trusts & estate planning. Patrick has his insurance license and has his FINRA Series 6, 63, 7, and 65.
He presently resides in Peachtree Corners, Georgia, with his wife, Elisabeth, and their three daughters. He is a licensed Forester in Georgia and South Carolina as well as a Real Estate Salesperson in Georgia.