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Succession Planning for your Business: Prepare for the unexpected
Thu, May 11, 2017, 8:00 AM – 10:30 AM BST
This FREE breakfast event is a must for every business owner!
Have you considered what would happen to your business if something should happen to you - for example, if you were to pass away, or could not continue in your current capacity? How would it affect your co-directors, shareholders or employees?
The one thing we can be sure of is that life is unpredictable. Therefore, we would strongly recommend that every business creates a Succession Plan so that, whatever the future holds, you have the peace of mind that your wishes will be followed.
There will be presentations by accredited legal and financial experts: Sarah Inman, Associate Solicitor, of QualitySolicitors Bradbury Roberts & Raby and Mark Stothard, Partner, of Haines Watts Chartered Accountants.
The following points are just some of the issues that will be covered...
What will happen to my business on my death?
How can I make sure my business assets pass to the right people?
What rate of tax will I pay if I sell my business?
Will there be Inheritance Tax payable on my business when I die?
Should I pass down my shares or other business assets during my lifetime?