Why Business Owners Should Think About Estate Planning Sooner Than Later

Running and owning a business is just like raising a child: Both are investments in the future and both require a lot of time, resources and effort to raise successfully. One can argue that you would treat your business like you’d treat a child; you’d want it to succeed even after you’ve passed on or retired.
Yet, when it comes to estate planning, many only think about their personal assets and the future of their children. On the assumption that the business is successful, I’d like to think that it is something you’d like to see continue on independent of the stage you are in life.
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Brian Chew, the managing partner of OC Wills & Trust Attorneys, has extensive experience in the areas of estate planning, asset protection planning, business succession planning, long-term care planning, and veterans’ benefits. By devoting his practice to estate planning matters, he has founded a firm that strives to provide exceptional service to their clients by working closely with individuals and their families to create comprehensive and customized estate plans. For the past twenty five years, Brian has served thousands of clients in the matters of estate planning, wills and trusts. If you have any questions about this article, you can reach Brian Chew here.