Business Estate Planning Lawyers Columbus, Ohio
Business owners need to plan for their estate as well as their business after their passing. Having a will can address both who inherits your personal effects as well as who inherits the owners share of the company. To make sure your interest in your company transfers to the person you trust, you should have a will. When completing a will, one of the toughest decisions to make when completing your will is deciding who to appoint as your executor. An executor handles all the paperwork necessary to divide your assets after your passing. If you also own a business and do not have a plan to transfer it upon your death it will be beneficial to appoint an executor who has some understanding of the business. It is also a good idea to consult with a business estate planning attorney to make sure your business and your personal assets are protected. Attorney Todd explains in more detail what to consider when appointing an executor!
If you have any questions regarding choosing an executor or are interested in drafting a plan for your business estate, please contact the professionals at Allison L. Harrison Law, LLC by phone, (614) 440-1395 or via email at email@example.com to schedule a consultation with experienced business estate planning lawyers in Columbus.
Please note that the information contained in this article is intended for general informational purposes only and not as specific legal advice. The facts of your situation may differ from this general information. It is not intended to and does not in any way establish an attorney-client relationship. Persons and businesses do not become clients unless and until Allison L. Harrison Law, LLC agrees to act for them and that agreement is confirmed in a retainer agreement or other writing.