Business Succession Planning

Safeguarding Your Legacy


Business succession planning is a critical process that addresses the future of your business in the event of unforeseen circumstances, such as your incapacitation or passing. Without a comprehensive plan, your business may face closure and/or liquidation, potentially jeopardising the livelihoods of employees and stakeholders.


Why do you need a lawyer?


Engaging a legal professional ensures:

  • Proactive Risk Assessment - A lawyer will guide you through crucial, often overlooked, considerations, identifying potential vulnerabilities.
  • Document Drafting and Implementation  - Expert drafting of legally sound documents to protect the interests of key stakeholders.
  • Strategic Options and Advice- Comprehensive advice on available succession options tailored to your specific business needs.


Our Expertise and Approach


Hammond Nguyen Turnbull possesses extensive experience working with diverse businesses, encompassing various industries, sizes, turnovers, and family structures. Not only do we have the commercial expertise, we also have the expertise in estate planning to provide a comprehensive plan and advice.