Business Ownership
Understanding shareholdings, partnership interests and other ownership arrangements relevant to succession.
HERITANT · Legal Services
Business & Family Succession.
Planning for the future of family-owned businesses, ownership interests and the people connected to them.
Our approach
Continuity.
Across Generations.
Business and family planning
A business is more than an asset. It is often a family legacy.
Business succession planning considers how ownership interests and related responsibilities may be addressed when circumstances change, including retirement, incapacity or death.
An appropriate strategy should consider family relationships, ownership documents, business structures, liabilities and the intended treatment of beneficiaries.
What we consider
Protecting continuity. Planning for change.
Family Participation
Considering the interests, roles and expectations of family members involved in or affected by the business.
Succession Strategy
Identifying potential succession arrangements in line with family objectives and business circumstances.
Continuity Considerations
Considering how ownership transitions and future events may affect continuity and management.
Legal Documentation
Reviewing relevant Wills, agreements, ownership records and other documents connected to succession.
Asset & Estate Coordination
Considering business interests alongside personal assets, liabilities and wider estate-planning requirements.
Depending on your circumstances
Succession planning may involve.
No single succession arrangement suits every business or family. The appropriate approach depends on ownership structure, legal requirements, commercial considerations and family objectives.
Review of relevant business ownership interests
01Assessment of family succession objectives
02Consideration of shareholding and partnership arrangements
03Planning for transfer of business-related interests
04Coordination with personal estate-planning arrangements
05Review of existing Wills and related documentation
06Consideration of dependants and intended beneficiaries
07Identification of relevant liabilities and obligations
08Documentation and implementation considerations
09Periodic review as business and family circumstances evolve
10Who we assist
Planning for business-owning families.
01
Business Owners
02
Company Promoters
03
Family-Owned Enterprises
04
Partners & Shareholders
05
Entrepreneurial Families
06
Families Holding Business Assets
Integrated estate planning
Business continuity begins with considered succession planning.
Business interests should be considered alongside family responsibilities, personal assets and existing estate documents. This helps identify how different arrangements may interact and what additional steps may be necessary.
Explore estate planningBegin your planning