As accountants, we like our clients to think ahead… even on a 3 to 10-year timeframe. A major part of this is Succession Planning. Where Succession Planning is concerned, clarity brings opportunity… and the risks of “getting it wrong” can be significant.
We are operating in a world where interest rates are now very low both overseas and here in Australia; a time of uncertainty has arisen. Therefore, in this current climate, your assets should be sheltered to ensure financial security.
Our article focuses on the importance of having a proper plan in place to protect business assets.