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Partnerships & Companies

A partnership or company is a team effort – requirement commitment and determination in a continually changing economic environment. The one constant factor in the success of a business is the knowledge and expertise of its co-owners. What if death, disablement or retirement deprived your business of one of its vital people? How would it survive financially?

Whilst the retirement event can be planned for (proper pension planning), the premature death of a partner can cause great uncertainty regarding the shareholding of the deceased.

  • What will happen to the shares?
  • Can the surviving partners buy out the deceased partners shares?
  • Would the capital for such be readily available?

Equally the long-term absence of a partner from work due to illness or injury can cause problems, not just for the individual, but also for the business. How would your business cope in such circumstances?

If you would like to be able to answer these questions contact John, Lisa or Annette.

 
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Power & Pensions Limited is regulated by the Central Bank of Ireland. Registered office: Kitestown, Crossabeg, Co, Wexford. Registered in Ireland. Company Reg No: 370556. A private company limited by shares and having a share capital. Directors: John & Annette Power