Yes. There are several ways to protect your business including:
1) incorporating the business,
2) creating a buy sell agreement,
3) setting up a trust, and
4) creating a will.
It is critical that you consult with an attorney who specializes in estate panning to determine the best way to protect your business.
Our network of FEE-ONLY financial advisers, CPAs and attorneys can help you review your will, estate plans and/or trusts to protect your legacy, minimize taxes and achieve your wishes. Simply Click Here to connect with a FEE-ONLY professional. Alternatively, visit 1800ADVISER.COM to browse biographies of individual advisers and choose one or more to connect with.
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