What is Succession Planning?:
What is Succession Planning? www.max-inheritance.co.uk 2 Succession planning is avoiding mistakes – and expensive ones. The expensive mistake of failing to convey the fruit of one’s l ife work to their loved ones.
The Primary Question:
The Primary Question Ask yourself one question – at the end of this beautiful journey of life, when you part this earth, which parties would you like to inherit your wealth. Would those be the people about whom you care; or causes dear to your heart; hangers on; or even the tax man, the choice is yours! Whom would you like to get the loot? www.max-inheritance.co.uk 3
And the Point Being…:
And the Point Being… By definition, reading thus far implies you are interested in keeping the fruit of your blood sweat toil and tears in your family. As a civilised society we believe in paying taxes, but only fair ones – there is little merit in paying voluntary taxes – inheritance tax is a prime example of a tax we have legal opportunities to avoid. www.max-inheritance.co.uk 4
The Reason to Act Now:
The Reason to Act Now The earlier one acts, the more scope one chance one has to put plans in place. Plenty of scope to exploit the opportunities available to you. Lay out your plans so that the people who matter. Clear succession planning is an asset to your business irrespective of size. www.max-inheritance.co.uk 5
What Next?:
What Next? If you want the fruit the fruit of your blood; sweat; and tears to be preserved in the manner you’d want, the next step would be to act effectively. We’d recommend putting your plans on a sound professional footing – a task we’d be delighted to discuss with you. www.max-inheritance.co.uk 6