Business planning
Wills and LPAs for business owners
At Hexagon Life Planning, we help business owners like you plan for the unexpected.
Whether you’re a sole trader, partner in an LLP, or director of a Ltd company, it’s crucial to have the right plans in place to protect your business.
Three things to put in place:
Save significant tax with Business Property Relief trusts
Using Business Property Relief (BPR) trusts, you can safeguard your business assets from hefty inheritance tax bills, allowing your hard-earned success to pass to the next generation without unnecessary loss.
Business LPAs: who will run your business in the event of a serious illness or accident?
A Business Lasting Power of Attorney ensures someone you trust can legally manage your business if you’re ever unable to. Without it, your business could face financial difficulty or even collapse.
Wills for shareholders & business owners
A will is essential for business owners to ensure that shares or business interests are passed on according to your wishes, without disrupting operations. This applies to sole traders, LLP partners, and directors of Ltd companies alike.
Plan today to secure your business’s future. Contact us to learn more about protecting your business interests.
ARC Welding recently used the professional services of Carolyn at Hexagon Life Planning for our Will Writing. She discussed in detail the importance of Trusts to protect our assets and how valuable LPAs are for both the business and our private lives. We would highly recommend Hexagon for your future planning; Carolyn showed tremendous professionalism whilst explaining everything in laymen’s terms.
Call us to book your free consultation today.
Photo: Victoria Reay, CC BY 2.0