Estate and succession planning is the process of anticipating and arranging for the disposal of an estate during your life. Estate planning typically attempts to eliminate uncertainties over the administration of a probate. It can also maximise the value of the estate by reducing taxes and other expenses. Guardians are often designated for minor children and beneficiaries in incapacity.
When the owner of a business becomes incapacitated or passes away, it is often necessary to shut down an otherwise healthy business. Proper planning helps avoid many of the problems associated with succession and transfer of ownership.
We’ll help you to look at your current situation and develop a plan that will take you into the future. This will protect both your family’s wealth and/or the future success of your business.
Planning early makes all the difference, whether setting up for a sale, transferring to a successor or preparing for changes within the business. We help you consider all possible circumstances beginning with working out the true worth of your estate/business and its future potential.
We can put in place estate planning, trusts, wills, tax strategies and buy/sell agreements in such a way that makes sense to you.
|For further information, please contact Richard Ashby,
one of Gilligan Sheppard’s partners. Richard Ashby
Read Richard’s profile here…