Succession planning

We professionally handle all the legal aspects of handing over a business from its owners to their heirs and securing transition to the next generation.

As part of our succession planning services, we carry out a due diligence investigation of a company’s assets and liabilities to determine the components of the enterprise and the resources to be transferred through succession.

Our lawyers are there to prepare and adjust succession models to your business and aims and to subsequently implement the structure of your choice, whether it is forced succession (such as when a partner or shareholder dies unexpectedly) or planned succession (when a partner or shareholder wishes to hand over control of the business gradually and in a thought-through manner).

We strive to ensure that proposed succession models suit the business owner’s legacy and their particular situation. We also provide legal advice on inheritance and probate matters to individuals.

Your situation

  • The business I run has been built for my family and with my family in mind, so I’d like to prepare the next generation for succession.
  • I have several children, but I’d like just one of them to take over my business and to secure the others.
  • I run a business with a few partners and I’d like to have a good partnership agreement/good articles of association drawn up in case one of us dies.

Our solution

  • Adjusting the partnership agreement/articles of association to the needs of the owner to enable succession.
  • Defining the roles of the individual family members and determining the best way of carrying though the transition.
  • Carrying out negotiations and defining a course of action for partners/shareholders and the family.

Our experts

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