What is the purpose of shareholder protection? Why is shareholder protection needed? How do you value the business and the level of cover required for shareholder protection? What are the different methods of shareholder protection? Is there a legal obligation … Continue reading
What is the purpose of shareholder protection? This type of protection planning is effectively business succession planning as it: Protects the shareholders Ensures that the affected shareholder (on death or suffering a serious illness) receives a fair payment for their … Continue reading
What is a Double Option Agreement? This is a legally binding agreement where the spouse has “option” to force remaining shareholders to buy the shares, and the remaining shareholders have “option” to force spouse to sell the shares. The transaction … Continue reading
Company buyback method Whereby the company repurchases the shares from the deceased shareholders. The company insures each shareholder and benefits from the claim proceeds on death or diagnosis of a serious illness. Once the company has repurchased the shares … Continue reading
There were certainly no January blues as far as our team were concerned.
Here are our highlights from January… Continue reading