Solicitors based in Cork, Munster, Ireland

Specialising in Commercial & Private Law

Phone

021 4279800

At FitzGerald Solicitors in Cork we offer specialist Succession Planning services.

With tax free thresholds in respect of gifts and inheritances from parents to children dropping substantially over the past number of years tax is increasingly a significant factor in succession planning.

Our tax department can advise on the reliefs available on succession of farms and businesses to the next generation. We also advise on shareholders agreements including the implementation of preemption provisions which can help to prevent shareholdings passing to persons outside of the family unit.

Succession planning can also include strategies to avoid family assets becoming at risk to future creditors in the event of a failure of a family business.