Family businesses have a crucial role in the global economy. However, while it is not easy to create wealth, it is even more challenging to maintain wealth. When faced with intergenerational succession, if a company does not properly plan for business succession, issues such as competition for management rights, division of assets, division of shareholding, decline of business scale, and competition for family properties may arise. Moreover, in the era of globalization, the holdings of family business owners or high-income individuals are spread across many legal fields or even involve multiple nationalities, which makes family estate planning involve complex legal issues.

At Formosan Brothers, we have practiced in the fields of family governance and business succession planning for many years, with extensive experience in intergenerational equity succession planning, family governance mechanism planning, family charter and closed company planning, domestic and foreign trusts structure planning, family philanthropy planning, prenuptial agreement, divorce agreement, and testamentary inheritance. In addition, we have expanded our cooperative network to firms around the world to provide businesses with services such as succession planning and cross-border estate planning.