It’s a wise person who knows when the time is right to appoint a successor. But it can be a stressful process. To whom should you hand over to the business? How do you handle the transition in a way that’s best for your business – and for you?

These are challenging questions that can affect the future of your family, your colleagues and your employees.

Understanding your options

Planning to hand over your business is not always an easy discussion; our succession solicitors work closely with clients to make sure they’re ready for these decisions. We know every business is different, so we get to know you, understand your concerns and objectives, then identify your options. We will guide you through all the different aspects of managing change of control 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
  • 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

Leave a lasting impression

Whatever path you’re considering, our corporate solicitors take time to get to know you and your business so they can provide clear and concise advice, giving you certainty that the future of your business is in safe hands.

Why choose Stephens Scown?

We’ve been ranked as the number one corporate team for SMEs in the South West by Chambers, the independent guide to the legal profession. We were also named UK Law Firm of the Year at the British Legal Awards 2016 for our different approach. They recognised our innovation in finding solutions for our clients, our employee ownership model and client service including our awarding winning client app.


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