CPLS Legal has a full-fledged practice which caters to Private Capital and Family Offices and also supports the initiatives taken by Private Banking. The Firm has advised well-known families, high net-worth individuals  (HNls) and ultra-HNls in the following areas:

  • Succession planning, which includes advising on appropriate structures, will-writing and Trust creation
  • Business Succession Planning
  • Family governance-related issues

BUSINESS SUCCESSION PLANNING

It takes years to build and establish a business and for it to reach legacy status. To ensure that the true worth of the legacy is realised at the time of sale, transfer or exit, there is a need to develop and implement a business succession plan. A unique approach with a well-executed succession plan can bring peace of mind to move ahead.

ESTATE AND TRUST SERVICES

To safeguard prosperity for the future and guide families in the preservation and transfer of assets, the Firm has the expertise to ensure that the right structures are created and are in line with local laws and regulations.

FAMILY GOVERNANCE

Family business is a common feature in India where most of the businesses are family-controlled. It is important for the concerned family members to know their respective role and responsibility pertaining to the  business. There are situations when immediate family members are not available to run the business and are compelled to appoint professional management. In order to address these issues, the Firm has assisted many  families to put a governance structure in place.

The Firm works closely with well-known trust Companies and is able to provide workable solutions on  complex matters of Succession-related issues and laws.

The Firm also advises its clients on Wills, Codicils, Laws of Inheritance and Partition issues. The Firm also handles assignments for obtaining Probate, Letters of Administration and Succession Services from appropriate Courts in  respect of assets in testamentary and non-testamentary cases