COVID-19 Notice: Thomas Carroll remain committed to putting our clients at the forefront of what we do. We wanted to remind you that we are fully operational whilst working from home, so that we can continue to provide the same quality service that you normally enjoy from our team. To find a contact number for a member of our team, please click here.
Visit our COVID-19 risk management updates and advice hub here. If you’re in business, we have produced a number of guides, checklists and templates to help with your return to work preparations and ensuring your workplace is safe for your employees in these challenging times.
Shareholder Protection allows the remaining business shareholders to stay in control of the organisation following the death of another business owner or shareholder.
In the event of a business owner dying or being diagnosed with a critical illness, share protection can provide a lump sum to the remaining business owners. This could be used to help purchase the deceased shareholder’s interest in the business.
If a business owner dies with no share protection in place, their share in the business may be passed on to family. It is worth having a Shareholder Protection Policy in place to help ensure shares are retained.
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