Family Relations and Succession Planning
The reality of family businesses involves factors closely related to the private branches of law. Ownership and transfer of assets is a key issue for family businesses and cannot be understood or addressed outside the context of the legal rules governing succession and matrimonial property regimes.
Some of the interconnections between family and succession law and assets and family businesses arise from voluntary acts such as prenuptial agreements, marriage endowments, and the institution of heirs or appointment of legatees by will. Other interconnections result directly from the legal framework, such as restrictions on the management of assets by one of the spouses, the implications of spousal debt liability regulations, and restrictions on the disposal of assets upon death or living inheritance.
VdA provides these services in the context of its support to family businesses.
Know-how
- succession planning and strategy, aligned with the corporate structure
- restrictions on the free transfer of family assets upon death – available institutes and initiatives
- wills, heirs and legatees: Reconciling personal wishes with family interests
- impact of patrimonial acts and matrimonial property regimes on the ownership, management and transfer of family assets
- special regimes for inheritance and sales within the family
- mediation and dispute resolution – most appropriate mechanisms for preventing family conflicts
- provision of training in succession planning and family wealth management literacy