What is a Cross-Option Agreement?
Hopefully, you will have taken some time to consider what might happen after you’re gone and completed a company will to deal with your business assets. Well that’s great!
But what happens if you are involved in a limited company with other share holders?
Or, you’re in business with one or more Partners?
You might have left your company shares or partnership to your nearest and dearest.
But how happy will they be if they are not already a part of, or understand your business?
Would your business partner be happy working with someone who has no previous experience and who really doesn’t understand the business at all?
What if there are young children to care for?
Ray Best
Like his academic development, writing came late to Ray. He has written several published works, “Inheritance Tax Planning – My Way” and “Shareholder Protection & Partnership Protection” and has had four feature articles published in Tax Adviser magazine, but the publication he is most noted for is the joint collaboration with Tony Granger “Inheritance Tax Simplified”.
