Sheri Wicks in the NLCA 2020 Construction Journal | Three Key Estate Planning Considerations for Business Owners
January 8, 2020
By Sheri Wicks, Partner at McInnes Cooper
For business owners, estate planning is directed at protecting the business’s legacy as well as the financial security of both family members and key business stakeholders in the event of their incapacity and, ultimately, death. Without proper planning, your wishes may go unfulfilled, your estate will likely pay more, and ultimately, your beneficiaries get less. All estate plans share three key ingredients. Business owners, however, have additional estate planning considerations to take into account. In her article Setting Up for Success: Three Key Estate Planning Considerations for Business Owners (PDF), as published in the Newfoundland & Labrador Construction Association’s (NLCA) 2020 Construction Journal, McInnes Cooper Estates & Trusts and Commercial Lawyer Sheri Wicks highlights the three key estate planning considerations for business owners.
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