Family succession can be a hit-and-miss affair. For some businesses it’s a cause of strife, for others a source of strength. Careful thought and advance planning should help you to avoid the worst pitfalls – provided your successor is happy to give it 100%.

It is often considered an honour to act as a trustee for a charity and an opportunity to give something back to the community. However, becoming a trustee involves a certain commitment and level of responsibility which should not be underestimated. Whether you are already a trustee for a charity, be it a local project or a household name, or are thinking of becoming involved, there are a number of responsibilities that being a trustee places upon you.