Can my accountant advise me in the preparation of Succession Planning?
The accountant has knowledge of how to open a company and the tax implications of the daily life of individuals and companies. But they are not able to deal with legal issues involving succession, such as the rights of spouses and heirs. Nor is it prepared to assist the founder in drafting wills and legal documents associated with succession. Thus, to avoid later legal challenges, it is important to seek a specialised lawyer.