If you are a Company Director or if you have shares or ownership of a business you may want to consider what will happen with that business once you pass on.
You’ve worked hard to build your business up so it makes sense to put measures in place to ensure that your business continues to trade.
Our in-house Succession Planning experts can advise business owners and company directors of the options available.
Firstly we recommend that all company directors have a will. Secondly we recommend a cross option agreement that specifies what happens to the shares of a company director when they die.
Our advisor may also recommend taking out Life Assurance Cover to protect the business. Typically it costs around £400 a month for £5.1 million pounds worth of Life Cover.
For further information on our succession planning advice services please use the contact form to the right of this page to request an appointment.
