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