For the vast majority of family business owners, we have counseled over the years, the business represents the realization of a dream, a sizable investment, years of hard work and a significant portion of the business owner’s overall estate. When you form and structure your business, you are laying a foundation and need to make sure it is solid.

BUT what happens during the serious illness of a partner or an untimely death of a co-owner? What will happen to your business if you die? How will your family survive? Protect yourself and your business from big life events: the divorce, retirement, death, or disability – of your partners or yourself. Without proper planning, these events can send your business into a tailspin from which it may never recover. Don’t let this happen, make a plan.