What happens when we die?
No, this is not an existential question, it is a real one and something that we should all think about. I found an older blog post by Wendy and it got me thinking. Succession planning - have you done it? Should something happen to you, do you have plans in place for ensuring that the income that is generated through your blogs is part of your estate?
Somebody suggested having your WA business set up under a corporation, since when you pass away, the corporation will continue and therefore that revenue stream will then become part of your estate for your beneficiaries. If any of you are like me, you are doing this with the thought of your families as well so that there is a legacy you can leave.
Just something to think about. Have any of you planned ahead for this beyond your regular will? Are the passwords and names of businesses/affiliate links etc. listed somewhere safe with all information?
Okay, not the happiest post, but a very practical one for sure. Would love to hear your thoughts.