Tools For Succession Planning
There are several tools that are used for family succession or inheritance planning. They are highly customized and depend a lot on the individual's finances. Some of the common ones are as follows–
Finding the appropriate way for succession planning is a customized task that involves a mix of different tools that are mentioned above. You should probably set up a meeting with your lawyer and Chartered Accountant and share everything about your family and the objectives that you want to achieve through succession planning.
What are the laws applicable to succession planning?