What Happens to Your Business When You Die?

Wills

What Happens to Your Business When You Die?

Too many business owners make no provision in their will [assuming they have one] for their business.

In one recent case, a builder had a stroke on site that eventually led to his death. Because their was no business continuity planning in his will, the company bank accounts were frozen which led to the collapse of his business and the laying off of staff.

Two redundant staff then decided to take his estate to court to sue for negligence and won. This led to his widow having to sell her house in settlement of the claim.

Contact us to discuss your options and to take action NOW.

 

Managing Partner of the Asset Preservation Partnership LLP

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