Who will make decisions and manage the business if you arent able

April 18, 2011

Having listened to and advised business owners for almost 20 years, I have learned that one of the most important, enduring and difficult decisions is choosing who will make decisions about and manage your business when you are not able to do so, whether due to your incapacity or death. An individual or a bank or trust company may be named as fiduciary to do so. A fiduciary is someone who stands in a relationship of trust and confidence to perform a designated task.

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