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Hypothetically if you were diagnosed with cancer and had 6 to 12 months to live what would be the best and easiest way to
1. Have your business transition over into your 25 year old son's possession?
2. Would your son have to be licensed?
3. Is there in insurance consultation company that helps specialize in transitioning a book of business for succession planning?
Thanks in advance. As agents we own a "book of business" vs really owning a brick and mortar business. How can we maintain most of the control over our "book" if we were to pass away.
1. Have your business transition over into your 25 year old son's possession?
2. Would your son have to be licensed?
3. Is there in insurance consultation company that helps specialize in transitioning a book of business for succession planning?
Thanks in advance. As agents we own a "book of business" vs really owning a brick and mortar business. How can we maintain most of the control over our "book" if we were to pass away.