Secrets to Selling Your Business

Ep 46: Navigating Life and Legacy: Tools for Effective Estate Management

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Jacob Koenig interviews Adam Zuckerman, founder of "Buried in Work," a company that innovates in the estate planning sector by simplifying and organizing the process through digital and paper-based solutions. Adam shares a deeply personal catalyst for his venture—a poignant experience with his father's sudden illness and subsequent death, which led him to help his mother as the executor of his father's will. This experience showcased his comprehensive method of estate organization, which significantly impressed financial professionals and spurred the creation of his company. Adam details how "Buried in Work" provides comprehensive estate organization tools and services that help reduce the significant time

typically required to manage an estate, making the process less stressful and more efficient. He also discusses the unique challenges business owners face in estate planning and how his services cater to both individual and corporate clients, emphasizing the importance of being well-prepared for business transition or personal incapacitation.

 

Here’s what to expect this episode:

  • Estate planning goes beyond just having a will or trust; it includes setting up advanced directives, detailed funeral instructions, and ensuring all necessary information is organized and accessible to ease the burden on family members during emotionally challenging times.
  • Organizing and simplifying estate-related information can drastically reduce the time required to administer an estate, which typically takes an average of 570 hours.
  • For business owners, estate planning must also encompass aspects like business continuity, client and partner relations, and succession plans. Proper planning ensures that business operations do not suffer in the event of the owner's unexpected incapacity or death.
  • Incorporating estate planning into employee benefits can increase workplace satisfaction and retention. When employees feel their personal and professional futures are secure, it can lead to higher productivity and stability within the company.
  • The integration of digital solutions alongside traditional paper-based methods provides a balanced approach to estate planning, catering to varying preferences and needs, and ensuring all demographic groups are served effectively.

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    Connect with Adam Zuckerman:

    https://www.linkedin.com/in/adamzuckerman/

     

    Connect with Jacob Koenig:

     https://woodbridgegrp.com/

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    Secrets to Selling Your BusinessBy Jacob Koenig