Published on 31 Jul 12
by VICTORIAN DIVISION, THE TAX INSTITUTE
Business succession planning might be the most dynamic and varied multi-disciplinary process that we get involved in. This presentation highlights a number of key issues facing private businesses and families and the author shares experiences so as to identify possible practical solutions.
This presentation covers:
- What is to be achieved, by who, when and responsibilities?
- How, where we start and what information we need
- Common tax issues
- How buy-sell agreements might be used
- Financing change and remunerating the family
- The family office
- Transferring control of family trusts.
Paul is a Tax Partner at Mutual Trust with over 30 years experience in tax, asset protection, estate and succession planning, FBT and salary packaging. Paul specialises in advising
high-wealth families and closely held businesses as well as many accounting and law firms. Paul teaches in the Masters program in the Law School at the University of Melbourne and has been involved in consultation with both federal and state governments on a variety of tax matters. Paul also contributes to The Tax Institute’s book, Estate and Business Succession Planning.
- Current at
12 April 2017