There are many considerations to bear in mind when planning and making decisions for your life and estate. In this series of short videos, Donna Mahoney discusses the different areas you should be thinking when doing so.
In our third video in the series Donna discusses why Wills for business owners are so important and what you should consider when writing one.
This video covers:
- why you should decide if you would be comfortable with your business continuing or if you would prefer it to close after your passing,
- who you should communicate your wishes to,
- and the different considerations for sole traders, shareholders, and partnerships.
You can read more about what you should consider when writing a Will as a business owner in our article here: https://www.pricebailey.co.uk/blog/business-owner-writing-will/