Financial Services

Succession Planning

The untimely death or illness of a director of a company can have a serious and even terminal disruptive effect on the business if this is not properly planned.

This sort of planning has a number of benefits:

Prevents a fire sale of the business in order to pay the estate of the deceased.

Provision of funds to buy out a deceased partner's share which may be inherited by the beneficiaries of their will who you do not wish as business partners.

Often partners have an important link to the intellectual property of the business. In situations where they have "the plans in their head" this can have a huge impact where there are no funds to replace them. The inability to find a replacement can also lead to problems where banks perceive there is a reduced ability for the business to function and withdraw financial support.

Services Include:

• Key Person
• Buy-Sell Agreements
• Buy-Sell Funding
• Loan Protection
• Debt Finance Structure Advice

Finance:

• Premium Funding
  
• Commercial and Business Finance
  
• Equipment Hire Purchase
  
• Novated Leases