Succession planning is crucial in order to preserve your assets. Christopher Groves and Charlie Tee give some pointers as to how to do it in the most tax efficient way possible
For many professionals, a relatively common new year’s resolution is to come to grips with their estate planning and look to put wills and other measures in place so as to look after their family both now and in the event of their death, preferably in the most tax-efficient way possible. There are a number of estate planning techniques which can be adopted by anyone, be they a senior partner in a magic circle firm or a junior assistant who has just had their first child.
