Family Business

Many of our clients are families who own and run businesses. They can be extremely successful but passing on the wealth that is created by one generation to the next involves careful planning and foresight. The way in which the shares or other ownership rights in a business are transmitted from generation to generation is crucial to the continuing success of the business.

A younger generation can be introduced gradually into the ownership structure in a way which does not damage the financial interests of the older generation but ensures continuity. At Edwin Coe we guide the families that we act for in a way designed to ensure a gradual handover of the business from one generation to another.

We recognise that sometimes these plans are left too late with the result that there can be conflict within a family. We have considerable expertise in assisting families to resolve these differences in a way which avoids litigation and thereby maximises the wealth available for the families concerned.