Who Will Get Your Business When You Die?

Nobody if it’s a Sole Proprietorship

If your business is a Sole Proprietorship, your business will die when you die. You’ve built a business why not ensure it is here when you die? Do you have kids? A lover? Siblings? They could inherit your business when you die.

If you are in a General Partnership, you should have this type of discussion with your business partners.

However, in order for your business to continue past your life, you’ll need to register with your Secretary of State.