What do you do if a fellow shareholder dies? Where do the shares go? In most cases to the next of kin and that is usually a wife who is not interested or may not have the knowledge/experience to become involved in the day to day running of a business.
Insurance/agreement to cover this eventuality can be arranged so that there is money available to buy back the shares of the deceased.
We work with a specialist FSA company to discuss and arrange cover if so required
Director liability insurance is another service that can be discussed and referred on to a specialist if required.
Contact us for more information.
"We have worked with Des and the team at The Company Shop for 10 Years ...
Brendan Corr, Corr & Corr Chartered Accountants