#75 - What Happens To Your Business When You Die? Ft. Tony Crilly

What happens to your business if you suddenly pass away, become seriously unwell, or can no longer make decisions?In this episode, Bruce and Peter are joined by Tony Crilly from Perspective Law to discuss business succession, wills, estate planning, trusts and the importance of having clear agreements in place.Tony shares real examples of what can go wrong when business owners do not have a proper plan, from disputes between families and business partners to businesses losing value almost overnight.This episode is a practical reminder for business owners to have the right conversations early, speak with the right advisors, and protect the value they have worked so hard to build.The Meaning Business Podcast is your go-to show for insights on buying, growing and selling businesses.Hosted by business advisors Bruce Coudrey and Peter Spinda, each episode explores real-world strategies, lessons and opportunities to help business owners and entrepreneurs succeed.If you’re thinking about buying, selling or growing a business, the team at Benchmark Business Sales & Advisory can help guide you through the process.🌐 Learn more:https://linktr.ee/meaningbusinesspodcasthttps://benchmarkbusinessadvisory.com.au/meaning-business-podcast/