Death in your business

If you die, would you prefer your wife/husband to take over your role in your business, or to acquire your share of the capital value of the business?

If your business partner dies, would you prefer to run the show with his or her wife/husband, or to be granted full ownership of the business?

The above two questions are very important if you are in business. The financial consequences of death can be very serious if not provided for. You wouldn’t want your spouse to be uncomfortable and responsible in an area where he/she has no expertise.

In our experience, we come across many people who simply leave their estates to their spouses without considering the unfortunate consequences.

There is a solution to this problem. It is referred to as Business Assurance. It provides the surviving business partner with the capital to buy the balance of the business on death.

Silke Financial Services has the legal expertise to provide you with Business Assurance. The legal contract coupled with the Assurance will account for the value of the business, values of individual shareholdings, estate duty, capital gains tax and credit loan accounts balances.

Business assurance unlocks capital for both your family and business partner should your die.

We invite you to consult with us to discuss this essential business protection.

NEWSFLASH – Take Tax Advantage Now (PDF Download)

If you have any queries regarding the above commentary please contact us on 021 683 3380 or info@silke.co.za.