Succession Planning is about planning for the future ownership and management of a business after the death or departure of a key executive. This is often left to the last minute, or not done at all.
The benefits of advance planning can be enormous, not only in protecting the value of the business for the owners, heirs and successors, but also in ensuring a viable future for staff and employees.
Succession Planning Simplified is a practical guide showing the legal and taxation implications of the alternative types of succession plan, and a thorough explanation of the planning methodology involved.