Webinar Details
For many rural businesses the family business is more than just a job; it is a lifestyle and a legacy. Planning how and when to pass wealth, responsibility and income to the next generation forms an important part of passing that legacy on. While succession planning can often be a difficult conversation for families, implementing a succession strategy can protect you and your business in the future.
Our tax and financial planning experts as they answer some of the following common questions:
- How much income will I need to retire, and can I afford to retire?
- How do I pass on wealth in a tax efficient way?
- What possible structures could I use?
- Do I have to pass on control in order to pass on wealth?
- What are the inheritance tax implications of changes to my business structure?
- Can I mitigate a known inheritance tax charge?
Speakers
RISK WARNING
Investment does involve risk. The value of investments and the income from them can go down as well as up. The investor may not receive back, in total, the original amount invested. Past performance is not a guide to future performance. Rates of tax are those prevailing at the time and are subject to change without notice. Clients should always seek appropriate advice from their financial adviser before committing funds for investment. When investments are made in overseas securities, movements in exchange rates may have an effect on the value of that investment. The effect may be favourable or unfavourable.