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THREAD- Estate Planning is crucial for #smallbusinessowners. Consider it part of the process of setting up a business. Include any marital agreements. #entreprenuers #entreprenuership #angel #angelinvesting. #vc #vcs #founders #prenup 1/8
Not only would giving estate planning advice on Twitter expose me to lawsuits, it would be practically futile. Business arrangements times family dynamics times changing federal & state tax laws make such public advising futile anyway. #estateplanning 2/8
But here’s what to think through before going to your lawyer. First, estimate the current valuation of the business and what any tax might be to your estate if your dropped dead right now intestate. Your heirs and your spouse? #estateplanning #prenup #prenups 3/8
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