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Cross Options

Our Corporate Law department have experienced solicitors who can advise you in relation to cross option agreements.

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Cross Options

The death of a shareholder can have a devastating impact on the business and its remaining shareholders, particularly for owner managed businesses.    Business owners often overlook this aspect particularly when setting up the business which is often the best time to deal with these matters in the shareholder agreement. 

A cross option agreement is key when dealing with the shareholding of deceased shareholder which unless otherwise provided for will pass to the estate.  A cross option agreement gives the surviving shareholders the option to buy the shares at market value and is often backed by an insurance policy, written in trust, which ensures that the sum required to buy the shares is available in the circumstance. 

This gives protection to the business and also the families of shareholders and is also a tax efficient way of dealing with the shares upon death. 

Our specialist solicitors can advise you either on the terms of the cross option agreement or on the shareholders agreement and ensure that the correct provisions allow for the correct business and tax reliefs. 

Our experienced team of corporate solicitors can meet with you to discuss your requirements and provide you with a case plan and a budget to assist you.

For help and assistance on queries relating to corporate matters please contact our team on 0161 832 6131 or alternatively you can get in touch by filling out one of our online enquiry forms placed at the foot of this page.

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Speak to a member of our team today 0161 832 6131. Get In Touch

Articles & Case Studies

Here, you’ll find a curated selection of insightful articles designed to keep you informed and updated on the latest developments in corporate law.

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Speak to a member of our team today 0161 832 6131. Get In Touch

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You can contact us by email enquires@ralli.co.uk

You can also contact us by completing one of our contact forms. We will usually reply within a few hours during our general opening hours, please allow extra time over weekends and bank holidays.

Where to find us

Ralli Solicitors LLP
Greg’s Building
1 Booth St
Manchester
M2 4DU

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