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Buying and Selling Property
Saturday May 26, 2018

FREE WILL KITS

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HomeBusiness /  Asset and Succession Planning

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BUSINESS: ASSET/SUCCESSION PLANNING

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Asset Succession Planning Guide

 

INTRODUCTION

 

The information contained in this summary is intended to outline in general terms succession planning.  Related to asset planning, succession planning is a subset of asset planning.  What is succession or asset planning?  It is arranging your assets and affairs to protect you, your assets, and your family against risks while keeping your assets and affairs in an advantageous way. Interposed into that matrix is the desire to hand over the family business to the next generation. This may not be appropriate in some circumstances, so the hard questions need to be asked and then all parties consulted in an open and frank manner.

Please note that your own circumstances may involve aspects which are not expressly mentioned in this guide.  Similarly, there may be information contained in the guide, which is not relevant to your own situation.  This is a general guide only.



 
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