Specialist advice on succession planning for business owners
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Lasting powers of attorney
Nobody likes to admit that they may become incapable of managing their business, but the truth is that anybody could lose the physical or mental ability to carry out their role at any age due to a sudden accident or medical condition.
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Passing on your business interests
It’s advisable to consider how you intend to pass on your business interests be that during your lifetime or upon your death; after all, a successful business is a valuable legacy. Often, business owners are faced with the dilemma of wanting the business to continue but also wanting to ensure that their family can benefit from the fruits of their labour.
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Our approach gives us a unique vantage point
Our team are able to call upon the expertise of corporate, probate and employment lawyers. This multi-disciplinary approach gives us a unique vantage point from which your business can benefit – we see the whole picture.
We are also used to working collaboratively with other professionals such as accountants and wealth managers, to help achieve your goals without over-complicating matters.
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We get to know you and your business
Together, we take the time to get the essence of what’s important to you and your business. With that as the focus of our practical advice, we offer a holistic approach to the planning of succession and personal affairs for business owners.
OUR WILLS, TRUSTS & PROBATE SERVICES
Friendly, independent, practical support - whatever your stage of life.
The residence nil rate band & business relievable assets
The residence nil rate band (RNRB) is an additional inheritance tax allowance that can be claimed alongside the usual nil rate band allowance. The RNRB allowance is currently a maximum…
Jennifer Cockett LLB (Hons)
Senior associate, solicitor
Autumn budget 2024: insights on inheritance tax, farming relief and business ownership
The autumn budget has brought about a number of changes, some of which relate to inheritance tax and agricultural and business property relief, as well as employers’ national insurance contributions…
Willans
Solicitors
Discussing LPAs at Cheltenham Literature Festival
During the 75th anniversary Times and Sunday Times Cheltenham Literature Festival, our wills, trusts and probate lawyers took to the Huddle stage to discuss lasting powers of attorney (LPAs). It…
Willans
Solicitors
