A deceased person’s company shares automatically go to their estate and therefore become part of a partner’s or children’s inheritance. This could cause issues for a company that wants to offer family members a fair price for the shares in order to retain control of the business.
Partnership and shareholder protection insurance from Lycetts provides the financial capacity for remaining shareholders to buy the deceased person’s shares, without a damaging interruption to the business.
Take out shareholder and partnership protection without delay by simply getting in touch with one of our professional advisers.
