The Directors of privately owned limited companies may well be concerned that adequate financial arrangements are in place should a shareholder become ill or die.
Some key questions are:
The above questions also apply to partnerships.
Prosser Knowles provides solutions so that such questions can be assessed and so that the correct levels of protection can be put in place whilst also achieving tax efficiency.
There are many other areas to consider such as protecting employees:
A suitable Key Person Insurance scheme will cover the individuals that are not easy to replace due to their involvement and skills within a Company.
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