Most business transitions, successions, and closures fail quietly, not because of bad timing or bad deals, but because the people involved never get clear on what they actually need. Kate O'Hara has lived both sides: stepping into second-generation leadership at a luxury design firm and, years later, making the decision to close it intentionally. In this session, she walks through the decisions that make successions and exits succeed or collapse, covering the critical difference between a role offer and an ownership offer, how to surface the priorities that must be aligned before any plan can hold, and how communication, internal and external, determines whether the ending becomes part of the legacy or undoes it.