Half of SME owners leave no instructions about company shares in will

Just 38% consider life policy

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Richard Kateley: "The death of a business owner can be hugely significant should there be no plan in place or an arrangement regarding company shares."
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Richard Kateley: "The death of a business owner can be hugely significant should there be no plan in place or an arrangement regarding company shares."

More than half (51%) of Britain's small business owners have left no instructions in their will or made any special arrangements regarding shares according to Legal & General's 'State of the Nation's SMEs' report.

Just over a quarter (26%) of shareholders said they would buy the shares left following the death of a fellow shareholder, with over half (51%) having to rely on their personal wealth to do this. Fewer...

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