It is normal business practice for a company to mitigate the risks they may face but so often they overlook the impact of the loss of a co-owner. Indeed, 41% of surveyed business owners say they have never considered the risk, yet the impact of not having the rules and a framework in place can be the same as an individual dying intestate.
We discuss the importance of shareholder protection and take you through, step by step, the most common solutions used when creating shareholder protection arrangements. We will also delve a bit deeper, looking at areas which can differentiate you from the pack, including how you can tailor solutions to be IHT efficient and creating bespoke agreements for when a husband or wife hold a position as a minority/non-working shareholder.
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