Webinar: Creating a sustainable family business – Insurance fundamentals and protecting your legacy

Running a family business can be extremely rewarding, but also challenging, as it brings together the need to balance the personal aspirations of the family and team, with commercial decisions for the business. When it works well, the rewards are far more than just financial, you can build a legacy for generations to come.

Our team of family business experts are delighted to invite you to the third of our series of webinars devised to help family businesses navigate today’s landscape. During this session, our speakers highlight the importance of ensuring you have the right insurance in place and understand how they can safeguard your family business for future situations, where you may need to access cash quickly and efficiently to ensure the business can continue.

Our speakers will look at:

• The different types of insurance including Shareholder Protection, Keyman Insurance, and Inheritance Tax liability, and how these policies protect those who play a critical role within your business
• Tax planning considerations around these policies
• How these policies are set up to ensure the shareholder receives fair value for their share of the business
• How relevant Life Insurance can provide simple and tax-efficient life cover for directors or employees
• The importance of keeping insurers up to date with any changes that could impact the result of a claim

If you would like to submit any questions ahead of the webinar, please email hgill@mks.co.uk.