business as usual, even when you are gone

In our experience, few companies are aware of the implications of death or disability of a partner or shareholder on the business. For example, following the death of one of the partners, a partnership is dissolved or terminated unless there is an agreement in place which allows the partnership to continue to the benefit of the estate of the deceased partner.

Additionally partners/members/shareholders often leave their estates exposed after they have signed personal security for loans from financial institutions and banks.

A business needs analysis will reveal the risks that the owners face and provide the most appropriate and cost-effective ways in which to solve them.