BUSINESS SUCCESSION PLANNING
PROTECTING YOUR BUSINESS WEALTH
O’Rourke & Associates provides professional legal advice encompassing strategies, processes and actions) focused on the preservation and transfer of your businesss wealth to your designated successors.
We work closely with our client’s advisors such as accountants, insurance brokers and financial planners to ensure we have a comprehensive understanding of our client’s business position.
Succession of business can occur in two ways:
Voluntary succession -when the owner wishes to transfer some or all control of and equity in the business to the next generation.
Involuntary succession -when the owner of a business dies or becomes incapacitated.
Our Business succession services include:
Implementation of an exit strategy plan
Business owner testamentary trust mechanisms to enhance or protect assets for the second generation such as:
Beneficiary controlled testamentary trusts
Capital reserved testamentary trusts
Life interests
All needs protective trusts
Special disability trusts
Not Advice
The information provided on the O’Rourke & Associates website is not intended to constitute legal, business or other professional advice. It is provided as general information only and is not intended as a substitute for advice from a qualified professional such as a solicitor who is familiar with the facts of your particular circumstances.
