Business Succession Planning
PROTECTING YOUR BUSINESS, YOUR WEALTH AND YOUR FAMILY
" I attended the Grosvenor business succession briefing at the Institute of Directors; I was blown away with the presentation, it’s the first time I’ve really understood the subject. Lee has a great deal of knowledge and makes this complex subject simple and understandable. We had the confidence to implement the succession plan with Grosvenor and we found them to be thoroughly professional and we highly recommend them."
Running a successful business means constantly meeting and overcoming challenges. It’s highly rewarding for you and your co-directors when things go well. But when something goes wrong, perhaps for reasons beyond your control, the financial security of you all, and all your families, could be at risk. The death of a co-director can threaten all that hard work.
The answer is a structured pre-planned legal framework which ensures the succession of your business and protection of your wealth now and for future generations of your family. Succession Planning provides funds to the right people at the right time, enabling the continuing directors to buy out the deceased director’s family using the most tax efficient structures.