About this Episode

If you own a business, a standard will often isn't enough on its own. Your will might say one thing, but your company constitution or trust deed can say something entirely different - and where they conflict, the business documents can win. That mismatch is where families end up in lengthy disputes. The fix is to read the actual structure and make your will and your business documents work together.

In this conversation:

• Why business succession planning matters for owners
• How different structures – sole trader, company, trust – change what happens when you die
• Why company constitutions and trust deeds have to be read as part of planning
• What goes wrong when your will and your business documents don’t align
• How to bring business succession into your will as one cohesive plan

Running time: 1 minute, 14 seconds