Today the Government have announced there will be new legislation in divorce law. This new law will update the Matrimonial Causes Act 1973 in due course. It will mean that, in the future when the legislation comes into force, divorcing couples will no longer have to ‘blame’ each other for the breakdown of their marriage. It is hoped the new law will help reduce family conflict.
Whether your business is owner-managed or family run, it is crucial to protect it and maximise its value for future generations in a tax-effective manner.
Our team of estate planning specialists can help and advise you on all aspects of succession planning to ensure your business ends up in safe hands in the future, and to maximise the benefit passing received by your family.
Working closely with you, we will get a full understanding of how your business operates, who is involved and your plans for its future. We will advise you on how best to meet the needs of the beneficiaries already involved in the business and of those who are not, as well as recommend the best course of action where shareholders or partners are concerned.
We specialise in advising entrepreneurs and the owners of small and medium-sized businesses in how to protect their wealth, and will work with your accountants and other business advisors to ensure you receive clear advice that is well thought-through.
Call 01242 574244 or contact us to find out how we can help with succession planning.