How best to pass on your business to the next generation will be one of the biggest challenges you face. You need to make the right decisions for you, your family and your business – balancing the needs of all three.
It can be made easier if you plan the succession process early – ideally when you set up the business. You may also want advice about the most alternative and tax efficient business strategies.
To discuss your requirements with one of our experienced solicitors telephone 0151 702 5400 or click here to contact us by email.
Even the most organised business people can’t foresee the future. So if you wish to protect your personal assets from future business failure, bankruptcy or unforeseen debts, the Lifetime Trust can provide a protective barrier. Although it does not prevent your personal bankruptcy, it will mean that you are able to keep your family and your assets safe and you can have a fresh start after you have been discharged. This will also apply to your beneficiaries.
To discuss protecting your assets from bankruptcy please call 0151 702 5400 or click here to contact to one of our experienced solicitors.