Succession is a real issue for family businesses. We recognise that succession planning is an ongoing process and often needs to be considered in a number of stages.

We also recognise that the practical elements of a succession plan, having been mulled over by the family for a number of years, often need to be implemented in a short timescale due to external factors such as tax and circumstances of individual family members.

Succession does not happen in a vacuum and will affect corporate structure, individual estate planning, and land ownership to name a few. Our unique Family Business team means we have family business experts in all these fields on hand to help find the right solution. We also work closely with the business and your specialist advisors to ensure all parties provide input at the right time.

Whatever the family business matter, we are always alive to the question of succession as this impacts on most family business issues, such as shareholder agreements, reorganisations and recruitment.

Whatever stage your family business is at, talk to us about your succession planning. It is never too early to start thinking about succession.