If I die, will my family be able to afford my business debts and mortgage?
Business debt and family income calculator
Most small business owners must personally guarantee the mortgage on their land and building. This means that if you should die, the lender may claim your business, the building, and your personal assets. Also, if you die, the income from the business that helps to support your family could stop. Would your family have the cash to cover your business debts and mortgage and have enough income on which to live?
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