Grant Thornton Malta is reinforcing its commitment to assist multi-generational family-owned businesses by offering personalised guidance in succession planning, estate structuring, and long-term family strategy. These businesses often face complex transitions as leadership and ownership pass from one generation to the next.

While many families have yet to formalise plans to manage their wealth and patrimony, there is a growing need for coordinated solutions that help transfer control and wealth smoothly and efficiently. Balancing continuity with evolution, Grant Thornton Malta provides practical guidance enabling founders to retain strategic control while gradually integrating the next generation into ownership and governance roles. This could take the shape of differentiated share classes to separate voting and economic rights, or usufructuary arrangements that allow for phased transitions.

For families seeking more enduring solutions, the firm facilitates the creation of private trust companies (PTCs) and long-term trusts that embed governance principles designed to last beyond individual arrangements. These tools help ensure that family values and decision-making processes are preserved across generations.

Grant Thornton Malta also assists clients in integrated family strategies (including single family offices) – comprehensive approaches that consolidate wealth, management and succession planning, and long-term vision under one coordinated plan. This may involve setting up Maltese holding companies or trusts, engaging dedicated personnel, and a unified approach to aligning financial and wealth planning strategies with the family’s broader goals and aspirations.

By encouraging proactive strategic and thoughtful planning, Grant Thornton Malta is empowering family businesses to safeguard both their capital and legacy – ensuring continuity and resilience for generations to come.

Contact our experts on [email protected] or visit https://www.grantthornton.com.mt/