The sense of family: Borrie and J. van Ingen
Last year, the head of the family handed over his business to his three sons. That had to be done in such a way that the founder and his wife could continue to live in the style to which they had become accustomed. And without the two daughters being ‘short-changed’.
In such a case, as adviser, you have to take into account the interests of the family as a whole, of the business and of every member of the family separately. At the same time, the firm must be structured in such a way that money which is reserved for future provisions actually materialises. In addition, the asset management must be organised, as well as all tax returns – for both the company and the family members.
As tax adviser, you are focused on how families interact. Like a referee between the business and private aspects. Because, with a business transfer in particular, conflicts are just waiting to happen With the Van Ingen family, there is no question of that. They still always go on holiday together. And although father Jan is letting go of his business, he is often to be found there.
Borrie’s services are limited to the business transfer and providing fiscal advice. But the sense of family is there.