Business Solutions
In the face of increasing business and employment legislation, protecting a business is becoming ever more important - but over 90% of small businesses in the UK do net have the fundamental legal documentation in place to do so. By not taking simple and cost-effective action they are exposing themselves to unnecessarily dangerous risks - for instance their company could be wound-up or a new (undesirable) shareholder introduced. succession planning is vital in smaller businesses. Whilst shareholders in a publicly quoted company have the luxury of an active market to sell their shares, private business assets are often very difficult to market, and rarely achieve their true value unless careful provisions have been made.
If you are running a business and can't answer the following questions please talk to us about the solutions we can provide:
1. What is your exit strategy from your business? - What happens when you decide to leave; how is your portion valued, how do you guarantee that a fair value is obtained.
2. What would happen if a co-director/partner contracted a critical illness....or died? - How would you ensure that their family got a fair price for their stake without impacting the business?
3. Is their a legal agreement covering the transfer/sale of Company Shares? - Could your colleague's new spouse be your future business partner?
Probate Services
Every person must nominate someone in their Will to 'execute' or carry out their wishes upon death. Many people assume that the role of an Executor will be straightforward and immediately select their partner or a close friend. Acting as an Executor can be time consuming, complicated and traumatic role especially if the Executor was close to the person how has died. We recommend that Clients appoints a professional Executor in some capacity - we can provide professional, cost-effective Probate services through our sister company, The Universal Trust Corporation
Storage Facilities
The documents that we produce are precious and unique, which once destroyed or lost are gone forever. Furthermore, if a Will becomes damaged or defaced in any way it may be rejected when submitted for the Grant of Probate - a risk that is simply not worth running. All clients should seriously consider professional storage so please ask your consultant for more details
www.JWSW.co.uk
|
