The latest developments in taxation have made it increasingly difficult for business or asset owners to transfer wealth or assets in a tax-efficient manner.
Under such circumstances, private company owners and wealthy families need tax efficient means of transferring wealth or business to successive generations.
We assist clients with a proper succession planning which is designed to avoid possible risk of dispute between successive generations, maximize the benefits of assets, and ultimately enhance the public recognition of corporate image.
The lack of comprehensive plan for asset or wealth transfer should bring about an excessive tax burden to heirs. We help clients develop sound strategy and tax payment methods so as to minimize tax and administrative cost of heirs.
Our family & business succession planning services include: