We can therefore assume that succession planning is a preventive

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It is important to remember that the inventory process can drag on for years if the heirs do not reach an agreement regarding the division of assets. The procedure can be full of conflicts, which is extremely serious, especially if, as mentioned, there is a business partnership among the assets to be inherited. This is because, during the inventory process, the company could end up being managed by the executor, who is not always prepared to perform the role.

Added to this is the fact that, in many cases, succession can bulk sms india result in joint ownership, i.e., two or more people become joint owners of a given asset, making it difficult to sell, for example. This is even worse if the assets under discussion are shares or stocks in companies, since, as they are indivisible and only offer one vote per share, they can hinder corporate deliberations if the owners in a joint ownership do not have convergent interests, especially in cases where there is no agreement between shareholders.

Another drawback related to the inventory process refers to the costs inherent to it. Although succession planning based on the establishment of a family holding company also entails costs for legal advisory fees and ITCMD, among others, a topic that will be analyzed in the topic of tax issues, in the inventory, there is a need to pay legal costs, in addition to the aforementioned tax, inherent to any type of transfer.