Succession planning can be a complex and sensitive process for family businesses, and we understand the importance of ensuring a smooth transition of ownership and management from one generation to the next. Our Partners offer a range of services to help you navigate the complexities of succession planning, including structuring, provisioning, and safeguarding.
Structuring
- Keep It In The Family: Ensure a smooth succession to subsequent generations with adequate protection for each successor
- Effectively Manage The Businesses: Separate management from ownership if desired, whilst retaining control
- Ensure Tax Efficiency: Minimize taxation implications and transfer costs
- Ensure Flexibility For The Next Gen: Ensure adequate flexibility for future generations in terms of earnings, promoting new ventures and exits
- Plan For External Fund Raising: For business families, our Partners offer pre-IPO planning to protect promoter group interests
Provisioning
- Get to Future Proofing: Ensure income & liquidity for family members to meet any unexpected expenses, contingencies and / or medical requirements
Safeguarding
- Protect What Matters: Help you protect the family’s wealth and legacy for future generations
- Ensure Strategic Asset Management: Provide effective management of your family assets
- Guard Against The Unexpected: Help ring fence your assets and wealth from external risks
Three circle model of the family business system
Family, business and ownership roles often overlap. Roles and relationships are complex, and crucially this system shapes the way a family business works.
Our Partners offer personalized, comprehensive support to help you achieve your succession planning goals. Don’t let the complexities of succession planning hold you back from securing your family’s future. Contact us today to learn more about how our Partners can help your family business thrive and protect your family’s legacy for generations to come.