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Business Succession Planning

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At Rix & Kay, we understand that everyone’s circumstances are different.

We also understand that Estate and Succession Planning can be difficult at the best of times but particularly when your estate includes a family business that you have built up yourself over the years.

There are usually different family interests to consider. What do you do if one child works in the business and one does not? How can you safeguard the business if your child gets divorced? How can you treat your children equally if you want one to inherit the business but not the other? What tax reliefs are available? How can you plan your exit from the business but retain some control?

Rix & Kay offers a complete service to business clients. We advise on the way in which business interests can be dealt with and we help ensure your company documentation covers all eventualities. Shareholders often assume their shares will pass to the beneficiaries named in their Will, but this can only happen if the company documentation allows the shares to pass in this way.

If you have business interests, your Will cannot be drafted in isolation. Working closely with our colleagues in our Company Commercial department, we offer a full service.

For further information about possible options and the services that we provide in relation to your businesses, please read our Owner Managed Business factsheet.

Your most convenient Rix & Kay office.

Ashford Office
Suite 4c, Third Floor,
International House, Dover Place
Ashford, Kent, TN23 1HU

Tel: 01233 225660
Fax: N/A
DX: N/A

Brighton & Hove Office
7 The Drive
Brighton & Hove
BN3 3JS

Tel: 01273 329797
Fax: 01273 324082
DX: 59257 Hove

Seaford Office
26 Sutton Park Road
Seaford, East Sussex
BN25 1QU

Tel: 01323 897766
Fax: 01323 490278
DX: 38905 Seaford

Sevenoaks Office
16 South Park
Sevenoaks
Kent
TN13 1AN

Tel: 01732 440855
Fax: 01732 440854
DX: 30025 Sevenoaks

Uckfield Office
The Courtyard
River Way
Uckfield, East Sussex
TN22 1SL

Tel: 01825 761555
Fax: 01825 764172
DX: 133963 Uckfield 2

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