Business succession planning
You’ve created and grown a successful business, but now your time has come to step aside and appoint a successor who will look after your business to ensure it continues to thrive. Business succession can be a very stressful process, as your decisions can ultimately affect the future of the businesses and situations are different, which is why our team of expert business succession planning solicitors can help to create a plan tailored to you. We will guide you through all the aspects of your business succession, including:
- Reviewing existing legal agreements that might determine the value of your business
- Where appropriate, discussing with any business partners or family members that might be involved
- Making sure that your will reflects your succession plans
- Considering how the business can continue to be managed in the event of your planned or unexpected absence
- Effective use of all available tax reliefs, for example Business Property Relief
- Keeping all your legal papers up to date and in a secure place
In 2017 we received the Law Society’s prestigious Excellence in Private Client Practice award for our work in this area of law.
We can provide different pricing options depending on your budget and we are happy to have an initial chat without obligation – contact us today.
Contact Us
North, South, East or West. Wherever you are, we’ve got you covered. Contact us today for an informal chat, without obligation. We look forward to hearing from you.
Wills, probate & private client news
Wollens celebrate firm wide inclusion within Legal 500 rankings 2024!
Wollens is delighted to secure a number of rankings within the prestigious Legal 500 directory 2024 edition. The Legal 500 is the leading guide to law firms and solicitors in the UK.
Best practice when acting as an executor
You should ensure that you understand the role and are willing to take on the responsibility before starting to act.
Estate Planning for Blended Families: Navigating Wills and Inheritance
Estate planning for blended families can be complex. Ensure a smooth transfer of assets and protect your loved ones with our latest article: “Estate Planning for Blended Families: Navigating Wills and Inheritance.” Read now to plan your legacy wisely.
Avoiding common problems with beneficiaries
No matter how large or small a beneficiary’s entitlement, problems can sometimes occur. Being aware of common problems can help you better prepare for them.
Do medical staff have to respect a power of attorney?
A health and welfare Lasting Power of Attorney (LPA) allows attorneys to make decisions about medical care, however there may still be some medical decisions which remain outside of their remit.
Providing for a child with disabilities in your will
To help ensure your child is provided for sufficiently, it is best to seek professional advice tailored to your circumstances and the needs of your child
Jonathan Dickson strengthens Wollens Private Client Team
Wollens are delighted to announce a significant addition to our highly regarded Private Client team with the recent appointment of Jonathan Dickson who joins the team as a partner. With his extensive qualifications and experience, Jonathan brings a wealth of knowledge in the areas of taxation, estate planning, and wealth preservation, further enhancing Wollens’ ability to provide comprehensive legal services to wealthy individuals and their families.
Wollens launches new Sports Law Division
Wollens are proud to launch this exciting new chapter in the firm’s development. Our new department is being driven by our sports lawyer Marco Floreale who has expertise in working with all types of sports people across the continuum of sports law.
Wollens is officially recognised as #72 in the UK 2023 Best Workplaces™
Great Place to Work ® have released to the top 100 Best Workplaces ™ highlighting small, medium and large organisations.
This year Wollens has been ranked 72nd in the country and the highest ranked law firm in the 2023 Best Workplace ™ medium organisations category. Great Place to Work ® are the global authority on workplace culture.
Reporting duties for a financial deputy
The judicial decision that the will of HRH the Duke of Edinburgh be kept private for the next 90 years highlights that a will generally becomes a public document once probate has been granted, open to be read by anyone with an interest in the estate, highlighting the importance of discussing intentions to avoid later challenges to the estate and to exclude any confidential information.
