Estate Planning for business owners, medical professionals and families
Estate Planning covers a wide range of subjects that are mostly connected with the death of someone, be it a business partner, a spouse, a parent or a grand-parent. In order to be completed efficiently, you’ll need to surrounding yourself with a team consisting at least of an accountant, a lawyer, and an insurance agent. Funny that so often the insurance portion of it is left to accountants and lawyers, despite their usual lack of expertise in the matter. Would you get your dentist to perform heart surgery? No. Same with estate planning, the insurance component is vital.
Having a proper estate plan in place is a true gift for those who stay behind and have to deal with the affairs or the business continuation. We’re touching on some of the key components to help you understand just who important it is.