This article explores why exit timing is one of the most important decisions law firm partners face as they approach retirement. It looks at how financial planning, client succession and personal goals need to be aligned early to make the transition more controlled and less stressful.
This material is for information only and does not constitute advice. Tax depends on individual circumstances and legislation and HMRC practice may change. Clients should take personal advice (and tax/legal advice where relevant) before acting. Investments and tax advantaged investments can fall as well as rise and may be illiquid; eligibility and relief depend on meeting conditions.