Legally Scaling: Podcast Series Episode 12 – Succession planning: how to get it right, and what can go wrong if you don’t, with James Winfield
Ignition Law’s Jake Schogger hosts a detailed discussion on how business owners, entrepreneurs and executives can effectively plan ahead for their futures, and what can go wrong if they fail to do so, joined by James Winfield, a consultant in the Ignition Law Wills & Estate Planning team.
In this episode, we discuss the main reasons why business owners and leaders don’t tend to plan for the worst, the succession planning documents and processes to consider as early as possible, including wills, lasting powers of attorney, shareholders’ agreements and cross-option agreements, and certain tax rules that can benefit or hinder business owners if not effectively navigated.
Our guest, James Winfield, has more than 19 years’ experience advising business owners, high net worth individuals and families on matters ranging from succession planning and estate administration to wills, trusts and inheritance tax planning. He is a full member of the Society of Trusts & Estates Practitioners (STEP).
Learn about succession planning: how to get it right, and what can go wrong if you don’t – click here to listen live.
