National Wills Month: Do You Have a Business Will?
Most business owners think their personal will has the business covered too, but that’s usually not the case. The term “business will” refers colloquially to a specialised directive, such as a shareholder’s agreement, a buy-and-sell agreement or a succession plan, that gives guidance on what should happen to your business when you (or other partners or shareholders) are no longer there. Without a regularly updated “business will”, the business you spent decades building can unravel in months.
National Wills Month: Do You Have a Business Will? Read Post »
