Successions

A family-owned business where some or all family members are active presents very difficult problems. When looking to the future, consideration must be given to the following:

  • Ability of each family member, their expertise and their competencies
  • Ability and desire to lead
  • Role of non-active family members
  • Financial requirements of the business and remuneration for family members and shareholders
  • Succession plan

At LCA, we have the experience to advise family-owned businesses and the professional network to plan for the future which allows for successful intergenerational transfers of both wealth and power.