If you were no longer able to run your company, what would happen to it? Have you provided instructions so that your family members, co-owners, managers, and employees know what your wishes are and the tasks that have to be done to keep your business running successfully? Aside from the possibilities of disability or death, have you considered that you may not want to run your business for the rest of your life—that you may want to spend your later years pursuing other interests?

Ninety percent of the millions of businesses in America are family-owned and managed, which makes a… MORE...