Ninety-five percent of businesses fail when the owner dies.  Do you know why?

See my blog at http://www.legalees.com/holding-company-ownership-in-the-name-of-a-trust/ for the answer.  It is virtual death to a small company if ownership needs to be probated.  If you want your company to survive your death, you have to change ownership of the company to the name of your trust.  Make sure to read the blog carefully to understand how to do this.

Lee Phillips

P.S.  If you don't have a trust, get one.  If you have an old one, make sure it is updated to reflect your current life situation.  Trusts are one of the necessary legal tools that I explain in detail and give you templates for in my Accumulation and Preservation of Wealth Set.