Blog tagged as business handover

Without a funded buy-sell agreement, a deceased partner's shares typically pass to their family, leaving surviving partners in business with someone who never chose that role and may want very different outcomes.

The tax consequences of selling or handing over a business depend heavily on timing and structure, not just the final deal. This guide covers the main succession pathways, how CGT concessions factor in, and why advance planning delivers far more options than a last-minute exit.