PA 2.05 Business Succession Planning

PA 2.05 Business Succession Planning

Business Succession Planning - Managing the Next Generation is authored by legal expert Michael Perkins. Michael is practice principal at Perkins Fahey Lawyers. 

This document covers covers family businesses and outlines a multi-disciplinary adviser approach to succession planning. It also covers challenges faced by family business transfers including estate equalisation and the intermingling of personal and business interests. Strategies for business succession are outlines as well as managing the wealth after the transfer which can require succession and estate planning strategies.