Our business and work lives are busy and complicated. It can often feel stressful and, well, a bit messy.
When family and business overlap, managing family life and the dynamics of power and succession across generations can be complicated. International business interests, property ownership and choosing to live and work overseas can complicate matters further.
Life events - good and bad - happen to us all: marriages, divorces, incapacity, bereavements, and the arrival of new family members. We can’t predict what lies around the corner, but we do know the importance of taking control to protect what’s important to us and manage personal and business risk, especially when the unimaginable happens.
- An accident or illness and incapacity without a power of attorney and someone designated to represent your personal and business affairs.
- A messy divorce or separation without prenuptial or cohabitation agreements and the costly impact on business ownership restructuring.
- Dying unexpectedly without a will, or succession plan in place, and the threat to your business and the wealth you had built for your family.
Unfortunately, we see this every day. It happens to entrepreneurs and senior executives, landowners and farmers, professionals and academics, and high-profile wealthy individuals. It is easy to put these things on a “too difficult” pile, especially where there are children involved. However, a simple will is better than no will!
We’d love to speak to you to help you avoid things ever getting messy in the first place.
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