A well-constructed plan is essential to protect the value of the business and provide cash for the family in the event there is a major disruption in the business due to a co-owner’s death, disability, retirement or serious major illness or any other event that jeopardizes the continuity of the business.
After all your hard work in building your business, you need to avoid such problems.
Our Buy-Sell Trust ensures a smooth transition of the business to the other co-owner(s) and the value of your share of the business is protected against an event such as:-
|Guarantees the sale of shares/interest at a full and fair value that was agreed by co-owners.||Prevents inexperienced and unqualified heirs from being involved in the business or the selling of the deceased’s shares to outsiders.|
|Smooth transfer of ownership to the co-owners is ensured by the Trustee.||Using life insurance, the purchase of the shares/interest becomes very affordable, minimizing the need to use your savings for the purchase.|
|Rockwills Trustee acts as the Trustee for Buy-Sell Trust protecting the interests of your beneficiaries and that of the co-owners.||Shares/interests are easily converted|