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Business Succession and the Asher Estate

Stephen Sapp; Alykhan Alidina;

商品編號:9B20N011
出版日期:2020/03/30
再版日期:2020/03/30
商品來源:Ivey
商品主題:Finance
商品類型:Case (Field)
涵蓋議題:family business;succession planning
難易度:4 - Undergraduate/MBA
內容長度:10 頁
地域:Canada
產業:Real Estate and Rental and Leasing;
事件年度:2017

In December 2017, Ali Asher, the second-eldest child of Aziz Asher, was conducting research for his father on the best way to restructure the family business to prepare for succession. Asher’s parents and siblings all lived in Canada, while Ali had been running a start-up in India for nearly two years. The family had a real estate and construction business in Vancouver, British Columbia. Ali’s older sister had special needs and lived with her parents, so any family estate plan would need to consider her ongoing care and well-being. His brother, who lived in a suite in the family residence, had a close bond with this sister, worked closely with their father, and had personally invested in one of the family’s main real estate assets. The second sister lived in an apartment in Toronto, which the family had helped her purchase, and had little interest in the family business, though she wished to receive an equitable share of the overall estate. Ali believed that the family business and estate were highly vulnerable to both internal and external forces; he needed to recommend a suitable option for safeguarding the family’s estate and transitioning the family business to the children in a manner that would satisfy both his father’s conditions and the wishes of the other family members.

教學手冊:8B20N011;
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