b'!teSummer 2025aASSOCIATEDUpcoming 2026 WPMAEXPO PresidentialThe SHI s mMEMBERthe The SHIELDELD sm aveSSponsor & Educational Session Presenter for Business Owners NewsThe Importance of Estate Planning for Business OwnersAs a business owner, you focus on growth, succession, and protecting what youve builtbut dont forget about estate planning. This key step can help safeguard your business, family, and peace of mind.Why It MattersEstate planning can be an important element for your business in many ways. It isnt only for planning purposes if you become ill or unexpectedly pass away. Planning ahead can help to: Minimize taxes and avoid legal delaysEnsure a smooth transition of leadership for business succession and continuityAppoint guardians for your childrenClarify healthcare and financial decisions if you becomeunable to workWhen to Update Your PlanIf you already have an estate plan, keeping it updated is essential.Review it after major life changes such as:This article is for general Marriage, divorce, or the loss of a loved one information andrisk prevention only and Birth or adoption of a child should not be considered legal or other expertSignificant business or financial changes advice. The recommenda-tions herein may help Moving to a new state reduce, but are notguaranteed to eliminate, Updates to tax or estate laws any or all risk of loss. Examples shown are for Dont Waitillustrative purposes only. The information herein may be subject to, andWithout a plan, your business and family could face unnecessary stress, is not a substitute for,delays, and costs. Acting now can give you more control to help avoid any laws or regulationsfuture complications. that may apply. Qualified counsel should be soughtTalk to your Federated marketing representative today to connect with with questions specifican independent and qualified estate planning attorney. to your circumstances.S2025 Federated Mutual Insurance Company.July 15, 2025 Estate PlanTrustWPMA News / Summer 202547'