Transferring control of your business to family members may involve restructuring your business operations, such as:
▪ changes to the share structure;
▪ changes to the trustee and appointor of a trust or changes to beneficiaries;
▪ changes to partnership structures; or
▪ transferring assets to family members via the creation of trusts or other new entities.
Read our complete June 2025 TaxWise Newsletter here.
