Who Do I Choose as My Executor?

Safeguarding Your Business Legacy

Business owners need to plan for their estate and their business after their passing. A will plays a crucial role in determining the transfer of both personal effects and the owner’s share of the company. To make sure your interest in your company transfers to the person you trust, you should have a will.

The Role of Executors in Business Succession

Appointing an executor is a critical decision in the will-making process. An executor handles all the paperwork necessary to divide your assets after your passing. If you also own a business and do not have a plan to transfer it upon your death, it will be beneficial to appoint an executor who has some understanding of the business.

Expert Guidance for Business Estate Planning

Additionally, consulting with a business estate planning attorney is a good idea to ensure the protection of your business and personal assets. Attorney Todd explains in more detail what to consider when appointing an executor!

https://youtu.be/iGeimRjNtcY

If you have questions regarding choosing an executor or are interested in drafting a plan for your business estate, please contact the professionals at Allison L. Harrison Law, LLC by phone, (614) 440-1395 or via email at aharrison@alharrisonlaw.com to schedule a consultation with experienced business estate planning lawyers in Columbus.

Please note that the information contained in this article is intended for general informational purposes only and not as specific legal advice. The facts of your situation may differ from this general information. It is not intended to and does not in any way establish an attorney-client relationship. Persons and businesses do not become clients unless and until Allison L. Harrison Law, LLC agrees to act for them and that agreement is confirmed in a retainer agreement or other writing.