Family-owned businesses are at the core of the Italian economy and there is a growing understanding of the last few years amongst Italian entrepreneurs, in particular SME’s, of the need to plan in advance the transition of their business to the next generation, for the purpose of preserving the business continuity and preventing family conflicts or unforeseen scenarios which might damage the business. We assist clients in this process by developing tailor-made solutions which take into account an appropriate tax planning of income and assets aimed at making the inheritance issues and the transition to the next generation a fluid process.