Who's holding the fort? Estate Planning for Business Owners

As a business owner, you’ve likely considered what happens to your personal assets when you’re no longer here, but what about your business? In this important episode, we speak with Melissa Healy, Senior Manager at DFK Everalls and Director of Everalls Wealth, to explore what estate planning looks like when your business is your biggest asset.

Melissa demystifies the complexities of estate planning beyond the personal will, explains the importance of enduring powers of attorney, and highlights the necessity of having a business continuity file. Whether you're a sole trader, part of a partnership, or operate through a trust, this conversation will help you take the steps to ensure your business is protected, no matter what happens.

In This Episode:

• Why estate planning for business owners is more than just having a will
• The role of enduring powers of attorney and company powers of attorney
• What to include in your In Case of Emergency file
• Key documents to review: partnership agreements, buy-sell agreements, shareholder agreements
• Steps to take now to safeguard your business and your family

Guest Bio.

Melissa Healy is an Accountant, business adviser, and financial planner at DFK Everalls in Canberra. She's passionate about helping build better businesses and financial futures.

Resource:

Download the Business Estate Planning Checklist here.

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