Partners in a business need to plan what financial arrangements would be for their families, should one of them die or become so ill that they could no longer function  in the business.  In summary, Partners’ Share Protection provides a way for the surviving/remaining partners to purchase the shares of the deceased partner. 

Sometimes, the family will not want to continue in the business, and oftentimes also, the business may perhaps equally not want them in the business, either.

The result will be that the family of the deceased partner will receive a sum for the shares they have just inherited, and in return for this sum, the shares have been bought by the other partner(s). 

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