If you operate a business or enterprise, it is important to ensure that should the worst happen to you, there is a plan in place for the continued operation of the enterprise. This is essentially known as business succession planning. Our Succession Planning Lawyers focus on devising strategies for the transfer of businesses in a tax effective manner. Business succession planning is particularly important for those looking to ensure that their business operations and ownership remains within the family circle. A skilled Business Succession Planning Lawyer can structure and implement strategies so as to ensure that family businesses are transferred smoothly whilst legally reducing tax liability.
Business succession planning is a relatively new and niche area of the law. It incorporates a variety of complex legal and equitable instruments including deeds and discretionary and family trusts. Our Succession Planning Lawyers will assist you structure your business so as to minimise tax implications (such as CGT, stamp duty and income tax) on the intergenerational transfer of your business, whilst helping to ensure succession occurs as smoothly as possible.
For more information on business succession planning, speak to one of our experienced Succession Planning Solicitors today. We have branch offices in Bondi Junction, Baulkham Hills, Hurstville, Parramatta, North Sydney and Gordon. For a full list of our office locations, with complete addresses, click on our Locations tab above or contact our main office line on (02) 9233 4048.
This webpage (and any material or wording appearing on this webpage) is provided for general information purposes only and does not constitute any Legal Advice. It does not take into account your objectives, your instructions or all of the relevant facts and/or circumstances. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.
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If you require assistance with a Wills matter, you should make an appointment to see one of our Lawyers in one of the following locations:
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