FAN LAW OFFICE

It's one of the most common things estate planning attorneys hear from small business owners: 'My business is my retirement plan. My business is my estate plan. When I'm ready, I'll sell it and that's what I'll leave behind.' The logic is understandable. But it contains several dangerous assumptions — and any one of them could leave your family in a difficult position. Assumption 1: The business will be sellable when you need it to be. Businesses don't always sell on your tim