Why Business Estate Planning is Important Business owners naturally tend to focus on the day-to-day operations and needs of their business, employees, and customers. But, long term planning is important to protect the value you have built in your business. Unfortunately, most Texas business owners, like most individuals, do not have even the most basic estate planning documents in place. If you are a Texas business owner, you should consider how your business would be affected by unexpected events, including a health emergency, incapacity, or death. Your plans should also include your goals for your retirement, your family, and your employees. Lack of planning can put these goals into jeopardy. Step #1: Get a Will and Basic Estate Plan Regardless of business …