Share Protection

Your business financial planning is as important as your personal financial planning.

It is sound business practice to plan ahead and protect the business against the death of a partner or shareholding director. Failure to do so could see control of the business passing into inexperienced hands and the business itself jeopardised. Even where there is an arrangement that the shares of the deceased pass to the remaining owners rather than the deceased's family, the financial impact of this could be disastrous. Will the funds be available when they are needed to compensate the family or to buy the shareholding from the family?

There are many other considerations, including what type of life assurance to select, capital gains and inheritance tax liabilities and the trust arrangements required to ensure that the policy proceeds are paid to the right people.

At Golden Gate we can help you assess your business and its value and will guide you through the selection process so that you have the most appropriate form of shareholder protection for your business, at the minimum cost.