{"id":6364,"date":"2025-06-12T16:02:27","date_gmt":"2025-06-12T16:02:27","guid":{"rendered":"https:\/\/rfblegal.co.uk\/?post_type=insight&p=6364"},"modified":"2025-07-08T10:04:56","modified_gmt":"2025-07-08T10:04:56","slug":"que-ocurre-con-las-acciones-cuando-fallece-un-accionista","status":"publish","type":"insight","link":"https:\/\/rfblegal.co.uk\/es\/perspectivas\/que-ocurre-con-las-acciones-cuando-fallece-un-accionista\/","title":{"rendered":"\u00bfQu\u00e9 ocurre con las acciones cuando fallece un accionista?"},"content":{"rendered":"

The difficult task of managing what happens when a shareholder passes away, including the management of the deceased\u2019s shares and estate, is often overlooked by company members (shareholders<\/a>). Perhaps this is because of its morbid nature, or that it is just not a priority amongst all the other day-to-day needs of the company.<\/p>\n\n\n\n

When a shareholder dies and if there is a valid will<\/a>, the shares of the deceased<\/a> person are dealt with by the executors of their estate. If there is no valid will, the administrators under the Intestacy rules will deal with the shares. Executors and administrators are referred to as \u2018personal representatives\u2019 (\u2018PRs\u2019).<\/p>\n\n\n\n

The subsequent handling<\/a> of the shares then depends on the terms outlined in a shareholders\u2019 agreement<\/a> (if there is one), the company\u2019s articles of association, and the ages of the beneficiaries who inherit the shares.<\/p>\n\n\n\n

Acuerdo de accionistas<\/strong><\/h2>\n\n\n\n

The first reference point in determining the next steps, is if a shareholders\u2019 agreement exists which relates to the shares in question. If there is an agreement, it may include rules about<\/a> what happens to those shares in the event of a shareholder\u2019s death, including rights of first refusal<\/a> for existing shareholders. Shareholders may have included provisions to prevent family members from becoming shareholders in a business<\/a> they know nothing about or to stop the sale of a deceased shareholder\u2019s shares to third parties, thus protecting the interests of the surviving shareholders. The shareholders\u2019 agreement may include rights (known as \u2018pre-emption rights\u2019) that entitle the remaining\/existing shareholders to purchase the deceased shareholder\u2019s shares before anyone else. There may also be an option agreement triggered on death, which allows the beneficiaries to buy out the remaining shareholders.<\/p>\n\n\n\n

Ultimately, a well drafted shareholders\u2019 agreement that includes specific provisions can be the difference between a smooth transition<\/a> of shares and a whole host of rings to jump through.<\/p>\n\n\n\n

Estatutos (\u2018estatutos\u2019)<\/strong><\/h2>\n\n\n\n

Los estatutos de la empresa deben revisarse al mismo tiempo que cualquier acuerdo de accionistas que exista. Los estatutos describen las normas y reglamentos que rigen los asuntos de una empresa, incluidos los derechos y responsabilidades de los accionistas, as\u00ed como los procedimientos para las reuniones y las transferencias de acciones.<\/p>\n\n\n\n

Model Articles (a standard<\/a> template of articles which provides a default<\/a> set of rules for the company) are often used in many English incorporated companies. It is also not uncommon for a company to have bespoke articles that have special clauses.<\/p>\n\n\n\n

Por lo tanto, los RP deben revisar los estatutos en busca de disposiciones relativas a las acciones. Los estatutos, junto con cualquier acuerdo de accionistas, establecer\u00e1n el procedimiento para tratar dichas acciones. Si el acuerdo de accionistas y los estatutos se contradicen, los RP deben comprobar cu\u00e1l prevalecer\u00e1 (a menudo lo har\u00e1 el acuerdo de accionistas). Si el acuerdo de accionistas no aborda lo que sucede con las acciones en caso de fallecimiento, los estatutos determinar\u00e1n lo que sigue.<\/p>\n\n\n\n

It is clear from the above that close attention should be paid<\/a> to specific provisions when drafting articles or a shareholders\u2019 agreement.<\/p>\n\n\n\n

Edad de los beneficiarios<\/strong><\/h2>\n\n\n\n

PRs should consider the ages of the beneficiaries to whom the shares are going to. If the beneficiaries are under 18 years of age, then there are a couple of options regarding the transfer process as to where the shares will be held such as in a trust<\/a> or by the beneficiaries\u2019 guardians.<\/p>\n\n\n\n

Poder duradero para empresas (\u2018LPA\u2019)<\/strong><\/h2>\n\n\n\n

A business LPA<\/a> is a document which can set out who is able to make business decisions<\/a> regarding your business dealings on your behalf if you are unable to make such decisions yourself if you were to lose capacity<\/a>. If you wish, a business LPA can also be used if you are overseas and you cannot be physically present, or if there is a medical condition making it preferable for someone else on your behalf.<\/p>\n\n\n\n

Se pueden utilizar para todo tipo de empresas, como empresarios individuales, sociedades unipersonales e incluso sociedades colectivas.<\/p>\n\n\n\n

Overall, a business LPA can be a helpful planning<\/a> tool to ensure that your business does not suffer in the event you become incapacitated. If you lose capacity and do not have a valid LPA, it would then be down to somebody to apply to the Court of Protection<\/a> to manage your affairs on your behalf. It is likely that this application would be made by a family member who may not be the best person to make decisions about your business.<\/p>\n\n\n\n

C\u00f3mo podemos ayudarle<\/strong><\/h2>\n\n\n\n

Thinking about the death of a shareholder is a morbid topic but not one that should be avoided. It is critical that the legal documents<\/a> mentioned in this article, work for you in the way that you intended.<\/p>\n\n\n\n

En RFB, nuestros experimentados comercial corporativo<\/a> team<\/a> along with our equipo de clientes particulares<\/a> colaboran para garantizarle el asesoramiento especializado necesario para los documentos requeridos. Si necesita un pacto de accionistas, estatutos a medida o una escritura de constituci\u00f3n de sociedad, estamos aqu\u00ed para ayudarle.<\/a><\/p>\n\n\n\n

We can also advise you on the terms of an existing shareholders\u2019 agreement or articles to help ensure that the appropriate provisions regarding a shareholders\u2019 death\/incapacity, are dealt with in the right<\/a> manner.<\/p>\n\n\n\n

Para m\u00e1s informaci\u00f3n, p\u00f3ngase en contacto con Sam Glascow en s.glascow@rfblegal.co.uk, o en el 020 3961 3116.<\/p>","protected":false},"author":12,"featured_media":6375,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[65],"tags":[],"class_list":["post-6364","insight","type-insight","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t