Really interesting article of what you essentially leave behind - your legacy and your estate. Clearly there are differences, and in terms of the family business the legacy can be significant - the business, impact on employees, jobs, the community - and therefore it is essential to plan accordingly.
“Our legacy comprises the spiritual, intellectual, relational, and social capital we pass on. It’s the sum total of the beliefs you embrace, the values you live by, the love you express, and the service you render to others. It’s the you-shaped stamp you leave when you go.”