We support you in planning your succession. To ensure a smooth transition, it is advisable to start these issues in good time and without time pressure, regardless of whether you are looking for a solution within the family or external company management.
Targeted solutions
Differentiated detailed questions arise from the perspective of the various family members. Our experts have the interdisciplinary expertise to comprehensively analyse all legal, tax and economic aspects. Based on this, a customised solution is created, taking into account complex gift tax and corporate law issues.
Mastering special challenges
Holistically orientated, active and entrepreneurially minded advisors who have earned the trust of all family members are a success factor in the succession process that should not be underestimated. Consultants who, in addition to the necessary professional knowledge, demonstrate a high degree of social competence in advising people on a person-to-person basis can contribute to a structured approach by objectifying the interaction as an essential success factor.
Laying the foundations
Family governance can be a useful basis for cooperation within the business family. By establishing binding rules, the management and control of the family business is organised and the cohesion of the family is ensured.
Alternatively, in some cases a company sale cannot be ruled out as a solution for business succession. Our exit readiness analysis can be used to prepare for this.
Irrespective of this, an entrepreneur's will with clear and practicable provisions should be drawn up every five years at the latest and should be discussed not only with advisors but also with those affected.
In addition to the power of attorney for care and health care and, if necessary, a living will, precautionary measures also include very practical measures for emergencies ("emergency kit"), in particular with locations of important passwords, access codes, keys, signature regulations, powers of attorney, important contracts and contact details as well as an operational emergency plan. We will be happy to advise you at an early stage with the involvement of all parties involved and thus provide customised professional solutions, taking into account civil and corporate law as well as tax optimisation options.
We support you in all matters relating to company succession:
- Advice on the drafting of wills, inheritance or gift agreements
- Inheritance/gift tax advice and planning
- Assumption of all tax declaration obligations
- Assumption of execution of wills