Business owners service – summary

Not a nice thing to think about, we admit…but what would happen to your business if you were to die?

If you own a business, or a share in a business, there are a number of important points to consider:

  • Do you want the business to be left to specific people in your Will, so they can continue to run that business?
  • Does your business have a saleable value should you die, so that another might buy it and the sale proceeds become part of your inheritance for your loved ones?
  • Or are there more than you who owns an interest in the business? If so, has it been worked out what happens to each partner’s interests, or director’s shares, on death?
  • Is your business and your Will structured to take advantage of the various tax reliefs available?

If you own a business that you want to continue should you die, or want to ensure it passes to your chosen beneficiaries tax-efficiently, having the right agreements, insurances and also Will in place is critical.

If you own a business and would like to discuss what we can do for you, please contact us for our expert advice.

Contact us for an initial discussion on your concerns

Email: contact@phoenixwillsandprobate.co.uk

Use the contact form on our site here

Phone: 01623 325035