In this episode, we look at protecting business interest, often the single largest asset of a closely-held business owner’s estate. It’s often responsible for the majority of current income for you and your family and will be looked to as a source of wealth at retirement. Businesses can transition expectedly or unexpectedly whether because of death, disability, retirement, or even a global pandemic. That’s why it’s important to plot a course toward protecting your business and minimizing the impact a change in ownership could have on those who depend on the business most. If your expectation is to receive full value for the business when the time comes to leave then you should put as much effort into protecting it as you did building it. And perhaps the most important step of all is to document and communicate your plans.