Estate Planning for Small Business Owners: Strategies for Succession

Whether you’re a sole proprietor, LLC, or S Corp, small business owners should have a strategy for succession in place. Your small business and its assets are handled the same way private estates are if you become incapacitated or die. 

This means that without a small business estate plan in place, California probate courts will follow traditional rules of succession, and that may not be what you intended – or what’s best for business.

Read the rest of this article at https://tsenglawfirm.com/estate-planning-for-small-business-owners-strategies-for-succession/