Estate Planning and Succession

It is important to plan for your retirement and succession on your death. If you have your own business, it is important to consider a succession plan to ensure a smooth transition to the new owner whether that be the next generation, an employee or a third party. Stafford Lawyers recommends a collaborative approach to estate planning which includes your accountant and financial planner to obtain a better structured and considered estate plan and to minimize any adverse tax consequences.

Stafford Lawyers can assist with:

• estate plans
• business succession during your life and/or on death
• business restructures
• testamentary trusts
• transfers of assets during life and on death
• different types of trusts
• wills
• appointments of enduring guardian
• powers of attorney for individuals and companies
• deeds of delegation of trust powers for trustees

An attorney is a person who can sign documents on your behalf and deal with your assets. An enduring guardian is a person who can make health and lifestyle decisions for you if you are not capable of making those decisions for yourself.