Recorded Webinar: Mechanisms to Deal with Succession and Control of Family Businesses in Blended Families

This session looks at control of family businesses, appropriate structures and ways to avoid family disputes when blended families are involved. From who should own the shares to the use of corporate appointors and family agreements, this session will look at the difficult challenges facing blended families when there is a business involved. It covers:

• Managing the control of businesses owned by blended family members – what are your options?
  • control – where does the control sit and how can it be managed?
  • corporate trustees
  • who should own the shares?
• Nomination of independent third parties – how can you make provision for this?
• Minimising disputes between blended family members – what strategies can be implemented before death?
  • family agreements
  • mutual wills
  • statements of wishes
• What happens when the ex-spouse is involved as a partner in the business?