There are numerous reasons why you should make a Will, for example, the appointment of executors, trustees and guardians and making sure that the right people inherit your estate.
However, as a business owner or someone who holds a business interest, it has a significant bearing on how you should write your Will and plan your estate.
A simple Will may not be effective or adequate, therefore, a more comprehensive Business Will might be required. Several reasons for this include:
Our solicitors have many years of experience in advising business owners on issues such as Inheritance Tax, succession planning, and Wills.
The main objectives for effective business succession planning within a Will include: