It is common for family business owners to desire to keep the ownership of the business in the bloodline. This can lead to a spouse who marries into a family business essentially being disinherited if they are widowed. Their children may inherit the ownership in the family business, possibly leaving the surviving parent with little to no financial resources. It is important to consider how assets are being accumulated outside of the business for the benefit of a surviving spouse. It may be wise to consider life insurance to provide a death benefit and financial security to the surviving spouse. Read more in our latest blog from Aspiriant ?? https://hubs.la/Q035C58M0
Director Wisconsin Family Business Center
6 天前Thank you Wisconsin Family Business Center sponsor Aspiriant for sharing your expertise and supporting family-owned businesses in Wisconsin and beyond!