This infographic titled “Death of a Partner in a Partnership” visually summarises the key steps and implications when a business partner dies. It includes six sections:
Impact on the partnership – automatic dissolution or continuation depending on agreement terms.
Tax implications – reliefs and obligations such as overlap relief and inheritance tax.
Partnership agreement – the role of a death clause in ensuring business continuity.
Business valuation – determining the deceased partner’s share.
Business continuity – options like admitting a new partner or converting to a company.
Practical steps – reviewing agreements, valuations, and notifying HMRC.
The design uses clean blue and orange tones with icons and the Trueman Brown logo for branding.
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