If you have a business partner/s, and you do not have a written agreement covering succession plans for your business, then quite simply your business is at risk. With no written agreement, it’s highly likely that the estate of the deceased will receive the shareholding of the business.
A written agreement between partners is essential. This type of agreement can establish what occurs if a business partner is disabled, can no longer work or passes away.
Partnership Protection offers the following benefits:
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