I want to secure the buyout of shares held by a deceased, disabled or critically ill officer
When a shareholder dies, becomes disabled or develops a critical illness, it is not only an emotional upset for your team but also an organizational and financial shock for your company, because you will need to buy out their shares. How will you find the funds for this major unforeseen expense?
Proper insurance coverage ensures that you, as a shareholder or officer, receive the value of the shares held by your deceased, disabled or critically ill associates. Various factors influence taxation on these shares; meet with our advisors to review the details.