Cross Option Two Problems
Free PDF Guide & Information:
Cross Option Agreements are used as part of Business Estate Planning. However, they must be done correctly to be valid and come with their own problems, as the examples show on this sheet. This sheet is applicable to limited companies or partnerships.
The examples illustrate a two partner business but are also applicable to multiple shareholders/partners. Use this sheet in conjunction with Cross Option Sheet 1 to see the the issues that can arise.