Life as a business owner or entrepreneur can be fast-paced, all-consuming and exhilarating.
In our experience, this often means little attention or time is spent on plans for the future and to limit damage when things go wrong. Protection and succession planning for business owners and entrepreneurs and advice tailored to the unique roles and responsibilities of key personnel and high-earning executives aim to address these issues and to maximise what you can pass on or access in your lifetime. We know that you will likely need curated advice from multiple experts and we have particular expertise at managing that complexity for you in a way that keeps you updated, protected and in control. We want to help you plan now for the future.
Our business wealth advisory group brings together colleagues with expertise in advising business owners, entrepreneurs, family-owned businesses - including landed estates, farming and agricultural businesses - and key personnel and high-earning executives whose roles and responsibilities are a crucial element and commensurate risk element to their employer businesses.
We are different from other advisers - we understand that your personal life is often inextricably linked to your role and responsibilities in business - so our joined-up advice, from each of the specialists and teams you require, takes this into account at all times
Our team gets to know you and your business to understand your immediate concerns, challenges and risk factors as well as your hopes and vision for the future. We then work with you and others to create a personalised plan to lay the foundations of business protection planning and set out the road map to future wealth maximisation and ultimately succession for you and for your business.
Typically, this might include any of the following;
- Inheritance tax planning for a family business
- Bespoke will drafting incorporating structures to maximise tax relief on business assets and to ensure appropriate succession of those assets
- Commercial Lasting Powers of Attorney to protect against business interruption in the event of temporary or permanent loss of capacity by key individuals within the business
- Assistance in planning how to hand over control of a business and its assets
- Capital Gains and Inheritance tax planning for a family business considering the optimal structure for the future
- Maximising tax relief on business assets and to ensure appropriate succession of those assets
- Consideration of other jurisdictions to minimise the UK tax exposure
- Assistance in planning how to hand over control of a business and its assets.
- Pre-sale and post-sale advice on disposal or acquisition of a business
- The bespoke use of Trusts and Family Investment Companies to help achieve those goals
We can help at any stage of your business’s life cycle and our specialists provide an extensive range of services. We are experts in corporate, commercial, private client, tax, family, banking, property, employment, immigration, regulatory, insolvency and restructuring and much, much more.
Whether you’re just starting out, your company is growing rapidly, or you’re looking to sell, we can help you wherever you are.
To see how we could help you and your business, contact: