Business Succession Planning Solicitors

Keeping your business in safe hands

Business succession planning is an important part of preserving your professional legacy

Planning early for your exit or making provisions should something happen to you – such as a decline in your health or your death – will ensure that your business continues to operate or come to a natural end as you intend.

Planning early for your business succession is necessary to ensure a smooth succession strategy and, if done correctly, to reduce your tax exposure. We help you to understand your options including whether dividends, deferred payments, employee ownership, trusts, or share options are the most tax-efficient succession routes.

Wherever you are on your journey, our legal advisors can help. Call us today on 0330 024 0333 or use the button below to complete our contact form.

Our Business Succession Planning Team

See More Team Members
https://www.shma.co.uk/wp-content/uploads/sites/7/2022/10/22.svg

How Our Business Succession Planning Experts Can Help

Succession Strategies

Our succession lawyers have developed effective succession strategies for a whole range of businesses over the years, and we always take a bespoke approach tailored to each individual business. Understanding our client’s needs and goals stands us in good stead to advise you effectively, taking into account your goals, concerns and your business needs.

Estates

We help to dissect your estate, suggest suitable succession options and draft documentation that ensures your business remains in capable hands after your departure. From preparing wills and lasting power of attorney documents to family constitutions, tax and business plans, we ensure your legacy is protected.

Wills

Your Will will be prepared to work with and not against your existing shareholder or partnership agreements and, working in conjunction with our Corporate team, we can prepare cross-over options which clearly outline yours and your business partners’ obligations upon your departure.

Why Choose Us?

No matter whether you’re a sole trader, shareholder or owner of a family business, ensuring you have a viable succession strategy is crucial.
Our succession lawyers have developed effective succession strategies for a whole range of businesses over the years, and we always take a bespoke approach tailored to each individual business. Understanding our client’s needs and goals stands us in good stead to advise you effectively, taking into account your goals, concerns and your business needs.
Our team has all of the expertise you need to plan your succession and will always be on hand to advise you on a wide range of issues.

What Our Clients Say About Us

Business Succession Planning Frequently Asked Questions

How The Business Succession Planning Process Works

Not everyone is aware of how the process of engaging Business Succession Planning solicitors works, so we’ve provided an overview below to give you some peace of mind
  1. The first stage is to get in touch with us using the button below – you will then be assigned to one of our Business Succession Planning specialists. Alternatively, you can reach us on 0330 024 0333.

  2. You’ll then receive a free 15-minute consultation within 24 hours via Zoom or telephone to discuss the issues you’re facing.

  3. You are then provided with a transparent breakdown of our costs and, if you would like to proceed, we send you a pack of onboarding documents

  4. Following this, we will guide and support you through the process of achieving a resolution that works for you and your family.

Our Other Private Client Services

Estate Administration

From obtaining the Grant of Representation to calculating the correct inheritance tax liability and distributing the estate to the correct beneficiaries, we will support and guide you through the complex process of administering an estate when a loved one has died.

Powers of Attorney

No matter what age you are, making considerations about how your financial affairs and medical needs will be met if you lose capacity in the future is important. We can help you put a plan in place that works for you and gives you peace of mind.

Wherever you are on your journey, our Business Succession Planning specialists are here to answer any questions you might have

If you’d like to speak to a member of our team, please fill out the enquiry form. We will aim to reply to your query within 2 hours

Need to talk to someone sooner? You can call use at the number below

Call Us: 0330 024 0333

Our Latest Updates

Illustration made by Storyset from www.flaticon.com