Owner passes away...cc Business for sale

Papa John

Lifetime Supportive Member
Joined
Aug 19, 2013
Messages
6,972
Location
San Francisco, CA.
Name
John Stewart
That's why I decided to will my business to my workers. My death shouldn't mean the end of their livlyhood. I have what I have in part because of my employees. Upon my death the biz will pay a monthly royality to my wife. my kids and others will divide a life insurance and my 401k.
My Biz is worth more operating then parting out and selling.
 

dealtimeman

Everyday is Saturday.
Joined
Sep 20, 2008
Messages
10,878
Location
Fort Worth , Texas
Name
Michael
Most of us do t have plans like that in place including myself.

Now that I have a little one that needs to change quickly, as this kind of thing reminds us of the things that can happen to us.
 
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