There are ways to protect remaining shareholders in case a part-owner dies or becomes critically ill. Shareholder protection insurance can be taken out to payout a sum to each surviving shareholder that enables them to buy back the shares of the deceased owner, according to the shareholder agreement.
We can help your business structure such insurance in the best possible way, based on you and your company’s business strategy and shareholder base. The company itself can take out the insurance, or the individual shareholders can form a business trust to handle their collective policies.
"Whichever way can serve you best, we can assist you in building the right protection for every stakeholder involved."