Does your Will mention a guardian for your minor child?

The guardian cannot sell, transfer, gift or mortgage immovable assets without the court’s permission and court grants such permission only if it is necessary for the best interest of the child. Succession planning for minor children is a must. In the unfortunate event of demise of both the parents, a properly drafted Will would ensure […]

Succession planning for family-owned businesses: How to get it right

The succession of wealth is important and succession for family-owned businesses requires a careful transmission to ensure smooth continuity of business. A succession of a family business would involve the succession of its management and ownership, along with managing the expectations of the family members, which is very crucial element and cannot be ignored in […]