Succession plans: keeping it in the family

By Murray Landis · 30 July 2009 · Legal

Will Your Family Business Survive the Next Generation?

Many Australian family businesses have a rich history, but a crucial step is often overlooked. Discover the surprising truth about succession planning and how it can make or break your family's legacy.

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Summary

There is a long history of successful family businesses in Australia. But many aren’t making adequate legal provisions to ensure their business survives into the next generation. Implementing a succession plan is crucial.