If you have shares in a company, do you have a shareholders agreement? If you or your business partner die (and you don’t have shareholders agreements with appropriate pre-emptive rights clauses) you may end up sharing ownership and control of your business with an unknown person.
Depending on your situation, this may involve wills, powers of attorney or enduring guardianship documents. It may also involve living issues like reviewing your business structures and ownership of assets, risk management and asset protection strategies for those assets.
Let's have a look in detail about this issue on SBS Radio Korean
