Succession planning - planning for the future ownership and management of a business after the death or departure of a key executive - is often left until the last minute - or not done at all. However, the benefits of advance planning can be enormous, not only in protecting the value of the business for the owner"s heirs and successors, but also in ensuring a viable future for staff and employees. "Succession Planning Simplified" is a practical guide to the whole area, including a review of legal and taxation implications of the various alternative types of succession plan, and a thorough explanation of the planning methodology involved. Whether the business is to be passed on to nominated successors, or put into trust, or prepared for the action of other agents or intermediaries in the process, it is important to make all the arrangements well in advance. This book shows how.