We all understand the need to protect ourselves and our family in the event of unexpected illness or death. As a business owner, there is also the added concern if either of these things were to happen to you.
What would happen to your family if you died prematurely?
would they take over the business? Have they the experience/expertise?
would the other partner/s in the business be happy for this to happen?
have you discussed this with your family/business partner/s?
are there any formal arrangements in place should you or your business partner/s fall ill or die?
These are just a few of the questions which need to be looked at when considering how best to protect you, your family and your business in the event of your illness/death or that of a partner or key employee. Talk to Gillian to obtain a clear picture of your current position and look at the most effective ways to protect you and your business going forward.