Planning for Businesses<\/h2>\n<\/div>Running a business is time-consuming and many owners fail to take the steps necessary to protect their hard work in case of disability or death. It takes more than just having disability insurance to benefit yourself, or key man (or woman) insurance, to help the business.<\/p>\n
![](\"https:\/\/lawtonlegacyplanning.com\/wp-content\/uploads\/2017\/02\/businesses.png\")
<\/p>\n
Thorough estate planning for a business owner includes making sure you have the necessary corporate documents such as operating agreements, buy-sell agreements, or limited powers of attorney in place and coordinated with your estate plan. Do you want to leave your business to family members? Do they want to run your business? Will the other owners welcome your family members\u2019 participation? Do your family members have the licenses or professional credentials to run your business?<\/p>\n
Planning for your exit from your business improves the chances for a successful succession and preservation of your business\u2019 value.<\/p>\n<\/div>
<\/div><\/div><\/div><\/div><\/div>Next Steps<\/h2>\n<\/div>To see the steps involved in estate planning with us, please see our Estate Planning Guide<\/a>. \u00a0Some of the individual documents we use are explained under \u201cTools<\/a>\u201d.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150"}],"collection":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/comments?post=150"}],"version-history":[{"count":12,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150\/revisions"}],"predecessor-version":[{"id":518,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150\/revisions\/518"}],"wp:attachment":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/media?parent=150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Running a business is time-consuming and many owners fail to take the steps necessary to protect their hard work in case of disability or death. It takes more than just having disability insurance to benefit yourself, or key man (or woman) insurance, to help the business.<\/p>\n
<\/p>\n
Thorough estate planning for a business owner includes making sure you have the necessary corporate documents such as operating agreements, buy-sell agreements, or limited powers of attorney in place and coordinated with your estate plan. Do you want to leave your business to family members? Do they want to run your business? Will the other owners welcome your family members\u2019 participation? Do your family members have the licenses or professional credentials to run your business?<\/p>\n
Planning for your exit from your business improves the chances for a successful succession and preservation of your business\u2019 value.<\/p>\n<\/div>
Next Steps<\/h2>\n<\/div>To see the steps involved in estate planning with us, please see our Estate Planning Guide<\/a>. \u00a0Some of the individual documents we use are explained under \u201cTools<\/a>\u201d.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"footnotes":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150"}],"collection":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/comments?post=150"}],"version-history":[{"count":12,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150\/revisions"}],"predecessor-version":[{"id":518,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/pages\/150\/revisions\/518"}],"wp:attachment":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/media?parent=150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
To see the steps involved in estate planning with us, please see our Estate Planning Guide<\/a>. \u00a0Some of the individual documents we use are explained under \u201cTools<\/a>\u201d.<\/span><\/p>\n<\/div>