Life can be unpredictable. Be prepared for all contingencies to ensure the ongoing success of your business and the welfare of your family and your staff and their families.
Succession planning is more than just about choosing a successor. There are financial, legal and operational issues to be considered as part of the planning and implementing process. Aspect Legal lawyers can assist by working with your financial advisors to structure a tax effective plan for you to transition control to your successor or successors.
It is important to consult early in order to maximise the effect of any such plans.