Estate Planning | Next Level Law Podcast

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Estate Planning | Next Level Law Podcast

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A.J. Yolofsky of Yolofsky Law is a former U.S. Marine, business practice mentor for the new law business model, and host of the Next Level Law podcast. This podcast series is dedicated to sharing best business practices and insights for everyday individuals looking to gain a better understanding of the world of business and law.

In this episode, Yolofsky explores the ins and outs of estate planning. For entrepreneurs and business owners, having an exit strategy is paramount.

According to a 2018 study conducted by Merrill Lynch and Age Wave, while more than half of adults over the age of 55 have some form of estate plan, only eighteen percent have a complete estate plan. Most business owners have self-reported similarly dire legal situations: 87 percent of business owners do not have a retirement plan, and 89 percent do not have a legal professional on retainer—yet business owner respondents universally stated that they would like to sell their business at some future point.

DISCLAIMER: This podcast is not meant to provide legal counsel. Please seek professional legal assistance for your specific situation.

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