Business succession in family-owned companies
A future-proof family business starts with the right choices. As a family business, you understand the value of continuity and harmony. Your company is not just a business: it is a lifelong endeavour that spans generations. At Westvaer, we understand that. Our expertise in business succession and family charters helps prepare your family business for the future. Together, we ensure that your vision is preserved and that succession proceeds smoothly, with attention to both legal and personal interests.
What do we offer?
At Westvaer, we support family businesses every step of the way toward a successful business succession. Our services include:
- arranging business succession: from advice on tax benefits to concrete implementation;
- family charter: documenting agreements and core values;
- succession arrangements: practical and legal solutions for a smooth transition.
Every family and business is unique. That’s why we offer tailor-made solutions that fit your situation.

More than just legal expertise
Drafting succession arrangements goes beyond laws and regulations. It’s about balancing business interests with those of the family. At Westvaer, we combine legal knowledge with empathy and strategic insight. Whether it’s transferring to the next generation, drafting a power of attorney for entrepreneurs or protecting family values, we are here to support you.
Your questions answered: 3 frequently asked questions about business succession
Here we answer some frequently asked questions:
Why is a family charter important?
A family charter brings structure and clarity to your business. It defines who can make decisions, how conflicts are resolved and what values are central. This prevents ambiguity and helps keep your family business on track, even during challenging decisions.
How can I transfer my business in a tax-efficient way?
Business succession facilities (BOF) offer attractive tax benefits when gifting or inheriting your business. This allows you to save on taxes, provided certain conditions are met. We help you make the most of these opportunities.
What is a power of attorney for entrepreneurs and why is it useful?
A power of attorney for entrepreneurs allows you to designate who can make decisions if you are temporarily unable to do so, for example, due to illness. It prevents business disruptions and ensures continuity for your company.
Do you have any other questions? Our experts are ready to assist you.
Family charter: defining values for the future
A family charter is more than just a document: it is the blueprint of your family business. It sets out agreements on who is in charge, how conflicts are handled and what the vision for the future is. It prevents misunderstandings and strengthens family bonds.
A good family charter addresses questions such as:
- should only family members be allowed to be shareholders?
- how are important decisions made?
- what happens in the event of a conflict within the family?
At Westvaer, we ensure that the charter is not only legally binding but also reflects your family's values.

Entrepreneur’s will: prepared for the unexpected
An entrepreneur’s will is an essential document that determines what happens to your business if you pass away unexpectedly. Without this will, the continuity of your company could be at risk.
In an entrepreneur’s will, you can arrange, for example:
- who inherits the business;
- what happens to the value of the business;
- a tax-efficient transfer.
Westvaer helps you draft a will that respects your wishes and avoids legal pitfalls.
Practical arrangements for a smooth transfer
The transfer of a family business can be structured in various ways:
- gifting shares or the business: this allows you to arrange succession during your lifetime while taking advantage of tax benefits;
- sale to the next generation: through a sale, possibly with deferred payments, continuity is ensured while you maintain financial security;
- gradual transfer: a phased approach ensures a careful and controlled transition.
We’d be happy to discuss which option suits you best.
Why choose Westvaer?
At Westvaer, we have years of experience advising family businesses in The Netherlands. Our approach is professional, personal, and solution-oriented. With our extensive knowledge of corporate law and our focus on family businesses, we can support you in every aspect.
We combine expertise in corporate law and family law to provide you with the best advice on all fronts.
Preserving your family business starts today. With the right arrangements, you can ensure not only continuity but also harmony within your family. Contact Westvaer for a free consultation. Together, we’ll build the future of your life's work.