Not a pleasant thought but what would happen in the circumstances of the
Death of a shareholder?
The sudden death of a shareholder in a private company can cause problems for both the surviving shareholders and the deceased’s family
FOR THE SURVIVING SHAREHOLDERS:
- Loss of control
- Refusal to sell
- Lack of liquid capital
- Shares pass to outside party
FOR THE DECEASED SHAREHOLDER’S NEXT OF KIN:
- An illiquid asset
- No ready market for shares
Business protection life assurance provides liquid capital to enable...
- Control be retained by remaining shareholders
- Family to sell their shares for cash right away
Download the "Death of a Shareholder" Brochure