Business Litigation

How does business litigation affect my estate plan?

Business litigation can significantly impact your estate plan by potentially exposing personal assets to business creditors, delaying asset transfers, and complicating trust funding. If you own a business facing litigation, your estate planning documents may need protective provisions like asset protection trusts or business succession clauses. The litigation outcome could also affect the value of business interests you're passing to beneficiaries, making regular estate plan updates essential during ongoing legal disputes.