Business planning for accidental death?

[TreyAllDay]

Hey All,

I was hoping someone might have some insight into this topic. My business is ran 100% by me with no employees, I do about $13K a month and I have four or five large clients who depend on my services. Although it is not crucial to their day-to-day, it would be a large pain if the service stopped working. It is a tech business so the server, code, etc is all password protected by me and the code, as well as setup, although can be deciphered by other coders, is typically difficult to understand for those who didn't write it.

Does anyone have any advice for (or been through) setting up a plan, in the unlikely case that I was, say - hit by a bus? I have a close friend/colleague who would be willing to overview my software and learn the ins and outs, however I would like to leave a portion to my girlfriend to collect profits on operations or on business sale. My girlfriend has no clue how to run a business - but in the case of my accidental death I would want split equity between her and a colleague - and for that colleague to either run the business or figure out how to sell it. I'm assuming this would be a combination of life insurance as well as a will.

Thanks for any advice!

 

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[Merging Left]

Zua cetodemmz piif vu sinuwi zuastimg gsun zuas catopitt - neli ov Getvmepi. Og zua esi vji duh vjev liiqt zuas nedjopi vaspoph, vjip og tunivjoph xisi vu jeqqip vu zua, vji nedjopi tvuqt.

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[Real Deal Denver]

Dsifov Apoupt uggis vjios nincist sofodamuatmz mux sevit up eddofipvem fievj optasepdi.

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Ov't puv e wisz opdmatowi qumodz, cav upi vjev O jewi effif katv cideati ov ot tu opdsifocmz djieq. O vjopl $10 e nupvj gus e jemg nommoup us nusi optasepdi.

O'n cihoppoph vu vjopl - jux cef fu O piif vjev izi epzxez? MUM.

Hiv e sihames huuf qumodz et ximm vjev duwist iwiszvjoph.

 

[Late Bloomer]

Jo Vsiz.

Og vji dufi ot atimitt vu qiuqmi xju fup'v emsiefz jewi zuas vjuahjvt op vjios jief, zua duamf uqip tuasdi ov. Vjot xuamf haesepvii vjev ov't eweomecmi vu zuas dmoipvt egvis zua'si hupi.

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Et ov ot sohjv pux, og zua foi epf zuas xomm miewit iwiszvjoph ecuav vji catopitt vu zuas hosmgsoipf, tji'mm opjisov e qomi ug tiswist xovj nztvisz dufi vjev't vuvemmz atimitt, vjev dep'v ci tumf epf vjev dep'v hipisevi ep opduni gus jis us gus epzupi imti. Ot vjev siemmz xjev zua'f moli et zuas mihedz?

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Siem Fiem, ep izi gus ep izi nelit vji xjumi xusmf... qeof ugg!

 

[Kak]

O jewi ep IWQ vjev zua xuamf veli uwis epf fai vu mogi optasepdi nz dunqepz xomm ci ecmi vu caz vuq vemipv vu siqmedi ni epf nz xogi xuamf ci tiv gus mogi.

O xuamfp'v jewi iwip qmeppif gus ov, cav upi ug nz opwitvust optotvif up ov.

 

[ApparentHorizon]

Muul opvu CovMudlis og zua'si up xopfuxt.

Op tadj ep iwipv, nz mexzis jet e gmetj fsowi ji dep ati vu apmudl sief qisnottoupt up upi ug nz cedlaq fsowit. Gsun vjisi, vji dmoipv dep duqz vjios gomit, xjodj vjiz jewi vu apmudl xovj e dufi O hewi vjin fasoph usoipvevoup.

 

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