For many of my clients, their business is a meaningful investment in their lives, and they want to protect the future of their hardwork. When people begin a business together, they might not immediately ask themselves what will happen if my business partner(s) die. Will the remaining partner(s) be able to acquire a loan to buy the business? Will the partner(s) be able to afford the costs of the business without the additional investment? What are the intentions of the family of the partner(s) if they die?
