If your partner dies, who get's the business?
Would you have the cash to buy out your partner's spouse/heirs if something were to happen to him or her unexpectedly?
Have you documented and funded a buy/sell agreement to purchase the outstanding stake of the business if your partner dies or becomes disabled?
Can your business survive without you?
Can one of your family members continue the business?
What will happen to your family if the business fails after you die?
What about your key employees?
Do you have a plan with a successor who is qualified to run the business?
Are you Ok with your partners spouse or heirs becoming your new business partner?
Advanced planning can answer all of those questions for you. Make sure that your family is taken care of if something should happen to you. Make sure your business can stay running if something happens to you or your business partner.
Call me today, let's make a plan to take care of your family and your business when you no longer can!