Have you every think of what will happen when you, as a share holder of a company passed away suddenly?
You might have written a Will to Will your share holding in the company to your family members, but is that good enough?
There may be many unwelcome people 'eyeing' on your share holding which is now in the name of your family members.
Are your family members able to run the company together with the remaining share holders? Will they welcome your family members?
Do your family members have the experience? Are they minor?
If your family members are minors or inexperience, what will happen next? The shareholding might be slowly been 'cheated' by some outsiders.
Lot of problems will be faced by the family memebers when they inherited your share holdings. The best way to do is to prepare an 'Exist Plan' where you will sell your share holding to the other interested parties at a price you agreed when you are alive.
Upon the sale of your share holding, sale proceeds will be given to your family members via a Trust Corporation.
Your can even decide on the manner to disburse the net proceeds to your family memebers. This protect them as well as the sale proceeds.
To find out on the perfect solution to address your concern on this issue, please conatct us via info@rockwillsonline.com.my or call +603-7782 1993 for more information on our forever in demand trust product known as 'BUSINESS VALUE PROTECTION TRUST' or PVPT in short.
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