News

Succession advice for entrepreneurs

Posted: 2 Mar 2022

Orchid Lee shares her advice on succession planning for entrepreneurs in an article for Just Entrepreneurs.

Orchid explains: “Most entrepreneurs cannot, or do not, wish to imagine being unable to control their business. However, proper estate planning allows this to happen as it helps family members and business partners to be clear on the business owner’s wishes.”

In the article Orchid discusses the importance of having a valid Will in place, considerations for sole traders and partnerships, tax planning and how to avoid disputes.

Read the article.

 


Article written by:

Orchid Lee
Partner - Private client and trusts
Orchid Lee is a Partner Solicitor at Spencer West. She specialises in private clients and trusts where onshore estate affairs, structures and transactions cross borders with or emanate from, Cayman and Bermuda, she is able to assist.