Moderator Scott Trout and TuckerAllen attorney Kevin Mason discuss small-business succession and whether estate plans are necessary for small-business owners.
State law determines what happens to your business after you pass away if you do not have an estate plan. Mr. Trout and Mr. Mason explain the key elements of a small-business owner’s estate plan, the difference between wills and trusts as it pertains to small business succession, how to ensure your small business avoids probate, and more.
