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Succession Planning
Succession planning is essential in enabling an orderly transition from one generation to the other or from a business manager to his or her successor in the event of retirement, whether expected or unexpected.
Succession planning can involve emotive issues as to the passing down of assets to the next generation who may or may not be involved in the family enterprise, and often have their own current and future family issues to be taken into account.
Done well it is a wonderful thing for the family. Done poorly, it can be unsatisfactory and often divisive. It often involves family meetings, consultations etc to ensure an inclusive process.
We can help you through that process to achieve the best outcome for all concerned.