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Shreveport Estate Planning Blog

Estate planning for business owners

As a small business owner, the hard work and focus you put into your business ever day most likely consumes you and leaves little time to be thinking about the future. However, since the future is not guaranteed to anyone and your business is your pride and passion, you should be looking out for your business by establishing a comprehensive business estate plan.

Consider the alternatives if you neglect having a plan in place, if you pass away you will be leaving your heirs without clear instructions regarding your wishes. This can severely jeopardize the business you have worked so hard for.

Estate planning is not just for the wealthy

When you hear the term “estate plan,” you may think that only wealthy people need one. After all, they have a lot of assets and money that all need to be distributed appropriately.

You, on the other hand, do not have a lot of assets - and you don’t consider yourself overly wealthy. So why would you need an estate plan?

Walter D White A Professional Law Corporation
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Shreveport, LA 71107

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