Worst Case Scenario Estate Planning Situation #shorts

So in order to pay this tax bill, the business owner or the family of the business owner, the business owners passed away. They may have to start selling off all these assets at a discounted price or quote unquote a liquidation price so they can raise the money necessary just to pay the tax bill. And then the the business value might have been at the time of death 3.9 but once the business owner is gone, the value might drop because the business owner is no longer there. And then employees might leave and then everything gets precipitously worse. But we're paying tax on the value of the business at the day that the business owner died, not the value six months later when the business owner is gone and everyone's left around fumbling to pick up the pieces of what's left. And that's where a lot of business owners really we see their life effort, you know, dismantled unfortunately, because of a lack of planning.