Estate Planning: What You Need to Know
Episode Notes
Hey everybody, this is Gene Marks, and welcome to another episode of the Hartford Small Biz Ahead Podcast. I'm so glad you can join me this week. Let's talk about estate planning this week and some things that you need to know. The biggest thing you need to know as a business owner about estate planning is to start a trust, and I'm gonna get to that in a minute, but it is absolutely critical. Listen, as a business owner, you're building up hopefully, value in your business. Hopefully you've got customers, equipment, inventory, property, things of value that you're building over the years. And as you know, anything can happen at any time. So I've done episodes before on succession planning, and I've got more to talk about there. I've also done episodes before about employee stock ownership plans and moving your business to selling your business to a third party.
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