Shareholder Protection

You should ask yourself the following questions:

In the event of my death would my wife/husband/dependents have the desire and the necessary skills to take my place in the company?

If not, would they prefer to sell out to the remaining directors/partners?

Where would the money come from to buy the shares from your wife/husband/dependents?

The unexpected death of a Director/Partner could create a major financial crisis and threaten the continuity of the business – do you really want this to happen to you?

A properly constructed Shareholder/Partnership agreement linked to life assurance written in the correct way will protect the interests of your family and your fellow directors/partners. Funds can be placed in the right hands at the right time without undue financial strain. It is however vital that any arrangements are set up correctly.

We are able to assist you with preparing such an agreement through our partners at Prime Financial Advisers. To book your FREE initial consultation, simply contact Wendy Tipler on 0845 872 2099 or email: watipler@primeaccountants.co.uk