I am sure that the attorney will write something into my will that upon my death the company transfers ownership to my wife and is then wound up. The other shareholders will all sign an irrevocable deed of assignment of their voting rights and I assume something will be incorporated into that. Good point though and I will check with him. I don't think you will be liable to UK inheritance tax on this, but you will be subject to Philippine taxes which seem, on the face of it, to be pretty expensive although I believe all sorts of tricks are pulled with under valuations being given, for a "fee" to the relevant authorities!