When you pass away, it may not just affect the people you love. In some cases, it can have a profound effect on your business. This is especially true if you are central to your business. According to Entrepreneur, a business that is dependent on its owner and cannot survive without the owner is called an owner-dependent business. If you have an owner-dependent business, you must prepare for what happens with it when you die.
Divorce and estate plan revision
Couples may decide to bring their marriage to an end for all sorts of reasons, such as incompatibility or infidelity. Our law office knows how challenging divorce can be, especially for those with significant assets or kids. However, there are other legal matters that you may need to take into consideration if you are dealing with the end of your marriage. For example, estate plan revision may be necessary for a number of reasons. If you need to make changes to your estate, it is imperative to promptly address any areas of concern and make sure that your estate plan matches your wishes.
