Successional Planning

Succession planning is crucial for both families and businesses. As members of the Society of Trust and Estate Practitioners (STEP), we work closely with family lawyers to build intergenerational wealth transfer strategies. Our sound knowledge of estate planning, will writing, specialist trusts, and appropriate tax-breaks and reliefs make us the best choice for your succession planning needs.

Hardworking shareholders in family businesses have more than enough to contend with, making sure they meet their clients’ needs and keep on top of legislation. We have developed strategies in association with our accountant and legal associates team members to ensure the business is safeguarded in the event of the sudden death or incapacity of a working shareholder or key employee.

We also work with leading providers and specialists to offer a range of employee benefits from enhanced sick pay to workplace counselling, making it easier to recruit and retain staff in a climate of low unemployment.

With 4.8 million family businesses making up 85.9% of all private sector wealth and contributing £575 billion to the UK economy, the right successional planning strategies are essential for the success of this sector. Keep watching our blogs as we develop our awareness campaign.