Running a business is not easy nor does it leave a lot of leisure time for business owners. Typically they must work long hours regardless of whether or not they have a family.
In fact, some days they may struggle just to keep up with tasks at home and family activities. That makes trying to fit in extra things, even if important, more difficult.
But taking care of family and those they love is, of course, a priority too. Therefore, business owners need an estate plan just in case the unthinkable should happen.
Not Everything Can Be Anticipated
A business owner’s time can easily be filled with building up their business and all that goes with it. During the hours they are at home they’re likely juggling kids, chores, and other activities.