Succession Planning

Globally around 80% of businesses are family owned and run.  In New Zealand and globally only 25 to 30% of such businesses are successfully transferred to the second generation.  Creating a succession plan that works best for all family members involved requires a multi-disciplinary approach.  There isn’t a master plan that suits everyone, but each client will require their own custom made approach.  Tripp Rolleston & Co can highlight the issues you need to address, questions you should be asking and the different advisers you should be engaging with.  Most importantly Tripp Rolleston & Co will identify all the legal issues and work with your accountant or financial advisors to create a succession plan that is effective and delivers a successful outcome.