Daily Maverick Articles #business

Owning and running your own business can be one of the most rewarding yet challenging experiences that anyone can face. It is however important to have a plan in place that your business can continue to function and provide for your family should you pass away.

A family business is often a labour of love, and when the time comes for younger blood to take over the steers the owners can be a bit overwhelmed by the multitude of tax liabilities. Let's take some time and discuss what could lie ahead, and ways to navigate it.