CA Estate Planning Blog

Monday, December 30, 2019

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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