SOER CONSULTANCIES
ADVOCATE OF THE HIGH COURT OF THE REPUBLIC OF SOUTH AFRICA
ADVOKAAT VAN DIE HOOGGEREGSHOF VAN DIE REPUBLIEK VAN SUID AFRIKA
RE: BUY AND SELL AGREEMENT - ESTATE PLANNING / PROTECTING YOUR BUSINESS
Above mentioned matter refers.
A deceased estate is a tiring and complicated process.
A ‘Buy and Sell' agreement will protect your business, should you or any of your partners (or your spouse) become disabled or pass away.
The agreement will ensure that:
The business does not unwind in, and form part of your Personal estate,
The income (after the death of a partner) the business generates stays out of the deceased estate,
The business is not sold cheaply from the estate,
The shares in your business is not left to someone that can add no value to your business,
Your spouse and children receive the full value of your business or shares
It will simplify and reduce your estate duty taxes
Please feel free to contact our offices should you require a consultation to discuss these important issues.
Kind regards, |
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Adv Gerhard Soer |
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