Why do I need to include business succession planning in my estate plan?

You have probably purchased business insurance to protect your business from a variety of threats, such as theft or a natural disaster; however, is your business protected from the impact of your death or incapacity? If not, it needs to be because if something happens to you, all of the time and money you have dedicated to your business could be lost in the blink of an eye. Business succession planning ensures that your financial interest in your business is protected in the event of your death, incapacity, or even retirement.