When business owners start to plan their retirement, a well considered and structured succession plan is essential. An effective succession plan will help to enhance the value of the business and should consider a range of matters such as:

• Options relating to the transfer of management
• Options relating to the transfer of ownership
• The tax implications of such transfers
• The degree to which the next generation will be involved in the business
• Overall transition plans & timeframes to ensure minimal disruption to the business
• Wealth preservation to ensure the continuity of the business

Copsey Murray can help create an effective succession plan for your company to ensure the tax efficient transfer of your assets or business to the next generation.

If you would like to know more about our succession planning services, please contact us.