Succession Planning
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.
Our Experience
Over the course of the last 20 years, we have advised a wide variety of clients –
from large corporations to smaller SMEs – on all aspects of their commercial
contract needs throughout the whole lifecycle of their business. Examples
of the type of work we’ve been involved in include:
- Drafting and advising on terms and conditions, terms of
trade and terms of sale - Assisting clients in taking their businesses online by
providing the ‘important but boring’ parts of their
websites such as user agreements, disclaimers, privacy
policies and website terms - Helping clients put the necessary mechanics in place to
ensure their business is not only protected, but always
operating at its maximum potential by assisting in drafting
services and supply agreements, shareholders
agreements, Licences for IP, software and equipment,
and management agreements - When the time comes, ensuring clients are in the best
position to get the most competitive price for their
business by preparing and acting on all aspects of sale.
