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Businessman falling Unless you have implemented certain measures to assure a minimal disruption of your business, your death may result in a mortal blow to your business. (Image: Shutterstock)

Owners continually strive to grow the value of their businesses. It’s critically important that the monetary value created in your business is preserved, in the event of your unexpected death or if you suffer a permanent disability. The financial security of your family should not be dependent upon your long life and good health.

Death or disability should be viewed as an exit path that requires the same level of planning and execution, as does a sale to a third party or a lifetime transfer to family members or employees. Ask yourself the following questions:

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