Estate planning for small business owners
Estate planning for small business owners
Small business owners have unique estate planning challenges, because a small business is a very unique asset. It is difficult to value, often involves multiple moving parts (such as equipment and employees), and prone to unforeseen interruptions from external factors (such as weather, staff turnover, or the death or disability of an owner or key employee).
Our firm helps small business owners protect their family and use their business assets to do it. Usually, this involves one or more trusts.
If you are a small business owner and you are unsure what will happen to your business if you become incapacitated or when you pass away, give our office a call at (256) 273-5109 to talk with someone about how we can help you craft a plan to protect you, your family, and your business.