Succession Planning

If you run a business, family owned or otherwise, then planning for the future and who will take over can be a major concern.

We have advised many business owners and their families, across the region, on the most appropriate methods of planning for the future. Generally speaking, succession planning will include consideration of the following:

  • Giving your shareholders/partners (or perhaps family members) the opportunity to purchase your interest in the business and ensuring there is a mechanism to facilitate this.
  • Giving consideration to how any succession planning will effect the business and its ability to trade.
  • Ensuring the future of the business.
  • To give all concerned security in the knowledge that there is a ‘plan’ for the future.

We work in conjunction with our colleagues in the Commercial Property & Corporate Services Department at Dickinson Parker Hill to ensure appropriate Partnership Agreements and Shareholders Agreements are in place. A consideration of succession planning will also include a review of any existing Wills and Lasting Powers of Attorney(or Enduring Powers of Attorney, if already in place).

We have been advising the people of Ormskirk, Skelmersdale, Wigan, Parbold, Burscough, Formby, Southport and throughout Lancashire, Merseyside and nationwide for over 200 years in relation to succession planning. Our specialist solicitors will be able to help you with your legal requirements.

If you would like further information please call our offices on 01695 574 201 or email Michael Prendergast.

01695 574201

Request Callback

Our People

Photo: Alexandra J Kenyon

Alexandra J Kenyon

Family and Divorce Read Bio
Photo: David H Lunn

David H Lunn

Commercial Property Read Bio
Photo: Michael Prendergast

Michael Prendergast

Private Client, Wills & Estate Administration Read Bio
Photo: Katherine Greenwood

Katherine Greenwood

Solicitor Read Bio
Photo: Allison McCormick

Allison McCormick

Solicitor Read Bio
Photo: Samuel Seagraves

Samuel Seagraves

Solicitor Read Bio
Photo: Jennifer Wall

Jennifer Wall

Solicitor Read Bio
Photo: Joanne Owen

Joanne Owen

Probate Executive Read Bio
Photo: Grainne McGuinness

Grainne McGuinness

Conveyancing Executive Read Bio
Photo: Alic Wright

Alic Wright

Trainee Solicitor Read Bio