Practice area
Succession Planning
Succession planning for individuals and family businesses. The question is rarely only legal: ownership, control, cash flow and tax all move together. We work through the family's position and the business's position at the same table, and document the outcome so it holds when it is needed.
Scope of work
What this engagement covers
- Will drafting support and estate documentation
- Private family trust structuring
- Transfer of business ownership between generations
- Family settlement and partition arrangements
- Capital gains and clubbing implications of transfers
- HUF formation, partition and taxation
- Nomination, shareholding and succession records for closely held companies
- Family governance and continuity documentation
Who it is for
Individuals putting their estate in order, second- and third-generation family businesses planning a transition, HNIs with layered holdings, and NRIs inheriting or transferring Indian assets.
Scope and fee are agreed in writing before work begins, and a partner reviews the position taken.
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