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Carrie Fisher’s unexpected death in the last few days of 2016 shocked the entertainment world and the millions of Star Wars fans. Unfortunately, there are two things for certain in life and death is one of them.
I teach entrepreneurs and business entities how they can prepare for the future in more ways than one – and key man policies play an important role. See what I mean here:
Read the full article: Disney Could Receive $50 Million in Insurance Due to Carrie Fisher’s Death
Is your business prepared?
More Information About Farms and Key Person Policies
If something were to happen to a key person on the farm today,
What would happen to the operation? Would you alone be able to keep it going
If this worst case scenario goes unplanned, changes are the operation will suffer and in some cases collapse.
Many people have life insurance on themselves for the purposes of taking care of their spouse/family but rarely do we own life insurance on someone else’s life. I think today’s farmers and ranchers make this big mistake too often.
Read The Full Article:The Plan You Need To Save The Farm After A Death