03 December 2020 - The LightYear Docs Successor Director Solution

In this session Grant Abbott and Tim Munro from Change GPS will be looking at what the Successor Director solution overcomes in terms of preventing business and director deficiencies in the event of the death, incapacity or the resignation of a director for other means. It can be used for trustee companies both SMSF and Discretionary Trust and in reality, must be put in place. It is also important for ordinary trading companies and bucket companies. And for unit trust or other investment vehicles where a person is acting as a director of the investment trust or company it is vital to ensure a family's interests are protected. We will also look at two case studies and how to complete the strategy documentation - which includes an upgrade to a special purpose Successor Director company constitution.

The Successor Director Solution