Cross Option Agreements for Family Businesses

Introduction

Corporate and commercial lawyers need to frequently provide advice to family businesses on how best to structure such businesses and Cross Option Agreements can offer a powerful way to protect the family business and the family members’ interests in it.

This virtual classroom seminar will provide a detailed and practical explanation of Cross Option Agreements for family businesses and the considerations to be taken into account when preparing them.

What You Will Learn

This live and interactive course will cover the following:

• Explaining Cross Option Agreements between business owners and in family businesses
• The preservation of continuity for family businesses under Cross Option Agreements
• The preservation of financial protection for the family members of a family business
• The combination of Cross Option Agreements with well drafted shareholders’ agreements
• The combination of Cross Option Agreements with wills and insurance policies
• Reviewing Cross Option Agreements, particularly if ownership or family circumstances change
• Cross Option Agreements in family businesses involving siblings or multiple generations
• Cross Option Agreements and Business Property Relief for inheritance tax purposes

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.