Are You a Small Business Owner? Here’s What Can Happen to Your LLC or Sole Proprietorship Business When You Die or If You Become Incapacitated

Small Business Owner? Know What Can Happen to Your Business If You Become Incapacitated or Pass Away Preparing your company for your incapacity or death is vital to the survival of the enterprise. Otherwise, your business will be disrupted, harming your customers, employees, vendors, and ultimately, your family. For this reason, proactive financial planning — including your business and your estate plan — is key. Below are some tips on how to protect your company and keep the business on track and operating day-to-day in your absence. Preparing for the Unexpected If you are a small business owner, your focus is likely on keeping [...]