What do you think about planning for the future of your business after you’re gone? Many business owners shy away from planning for the future and protecting their assets—like figuring out what happens to your business when you pass away.
Vanessa Emilio from Legal123 brings her law and finance expertise to guide us through the essentials of will preparation, the importance of updating your will after major life events, and the key legalities tradies need to include in their quotes. Vanessa highlights the significance of will preparation not just for personal assets but also for business owners.
Vanessa explains why having a properly written will is important, specially for those with blended families or multiple businesses. She also covers the potential consequences of skipping this process, like costly trustee fees and legal challenges that could affect your family.
They also chat about the key legal must-haves for tradies, ways to avoid costly mistakes, and why handing off admin tasks can free you up to focus on what really matters in your business.
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