What To Do About Your Business

The question of what to do about your business comes down to two main choices: Transfer the business to heirs , or Sell the business (and/or its assets) to employees, competitors, or others. Unless, during your lifetime, you have made a workable plan to keep the business in the family after your death, or to sell it as a going concern, it is extremely unlikely that your executor or other estate representative will be able to do anything other than liquidate it — usually on unfavorable terms. What To Do About Your Business Back to Business Resource >>