Legacy Planning For Private Lenders - #242

Jan 28, 2025

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Jason and Chris tackle a crucial question bout legacy planning. They discuss what happens to a business when you're no longer around and how to ensure a smooth transition to the next generation or other successors.

Here's what they cover:

Wills, Trusts & Operating Agreements: Why you need them to protect your business and assets.
Business Life Insurance: How it works and why it’s essential for partnerships.
Succession Planning: What happens if your kids or family members want to join or inherit the business.
The Next Generation: Tips for teaching kids or others to take over, create opportunities, and work with family office assets.
Balancing Legacy & Growth: Avoiding the pitfalls of giving too much too soon while building a framework for long-term success.

Whether you're a one-person operation or managing a team, this episode provides actionable insights on how to prepare your business for the future. Don't forget to like, subscribe, and share! Got questions or topics you'd like us to cover? Drop them in the comments or reach out on HardMoneyMastermind.com. Thanks for tuning in!

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