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Nos derniers articles en Droit de la famille
Succession planning for family businesses: legal essentials
Succession planning is one of the most critical processes in preserving the legacy and continuity of a family business. Whether the business has been passed down through generations or is a first-generation enterprise, preparing for leadership and ownership transitions ensures the company survives and thrives.
Why a will is not enough?
Drafting a will is a fundamental step in estate planning. However, relying solely on a will may not adequately address the complexities of asset distribution, especially when considering the differing legal frameworks of France and common law countries like the UK or the US. In France, the concept of “forced heirship” imposes strict rules on asset distribution, potentially overriding personal wishes expressed in a will.
Succession planning for family businesses: legal essentials
Succession planning is one of the most critical processes in preserving the legacy and continuity of a family business. Whether the business has been passed down through generations or is a first-generation enterprise, preparing for leadership and ownership transitions ensures the company survives and thrives.