28/08/2026
Passing your family business to the next generation doesn't necessarily mean they have to buy it.
You might choose to sell it, gift it, or use a combination of both. But the right approach depends on your family's circumstances, your goals and the future you want for the business.
There can also be important tax and estate planning considerations, so it's worth getting the right advice before making any decisions.
Want to understand your options?
Read our blog on succession planning for a closer look at how you can start planning for the future of your family business.
👉 https://fulljameslaw.com.au/succession-planning/