It’s Fine With Me but I have a Partner
Are you blessed to have one or more partners in your business?
If so consider this: Should your partner pass away it could be devastating to your business. For one, your partner’s heirs have to be dealt with. Ascertaining what your business is currently worthwhile everything is well and going good is a very wise activity. This will cut down on disputes as to the value of the business. Likely you don’t want to be in business with your partner’s spouse. Purchasing life insurance to cover the buyout is the least expensive solution for everybody and is very final.
Owning BUY / SELL protection for your business is a very loving way of running your business.
Jan F. Wisecup CEO
Family Wealth Planning inc.
702 873 5555