Tel: 01384 293578




The Redlake Consultancy
(Kingswinford) Ltd.
is directly regulated by the Financial
Conduct Authority.

Director Share Purchase

This is a means of solving the financial problems that can arise following the death of a shareholding director.

If the worst should happen and a shareholding director died, the ideal solution, from the other directors’ point of view, is to buy back the deceased’s shares. But where will they get the capital to do this? What if there are other complications - Like the next of kin refuse to sell? Whilst the company’s Articles of Association may clarify some of the problems, the next of kin could find themselves having to sell at a knockdown price.

By planning ahead with Redlake, protection can be set in place to not only cover the remaining directors, but it can also guarantee a fair price to the next of kin. However, the arrangements can be complex and each situation is different. So, talk to us now and we will help you to understand what insurance is available, how best to fund it and any tax implications.

We’ll help you to solve the financial problems that can arise following the death of a shareholder/director, before they arise.
man on phone