Estate Planning for Business Owners: Why Year-End Is the Smartest Time to Start

For many Alaskan business owners, estate planning feels like something to think about “later.” But year-end is one of the best times to take that first step. As families gather and businesses wrap up annual records, it’s the ideal moment to align personal and business planning for the future.

Estate planning isn’t only about assets, it’s about protecting your business, your family, and your legacy. At MCAC, we work alongside Alaskan entrepreneurs to simplify estate planning and make it a practical part of your year-end review.

Here’s why year-end is the smart time to start:

1️⃣ Your Records Are Already Updated

Closing the books at year-end means your financials are fresh and organized. This makes it easier to build or update estate documents with accurate numbers.

2️⃣ Family Conversations Happen Naturally

The holidays often bring family together. It’s the right time to start conversations about future plans, successors, or responsibilities in a way that feels supportive, not rushed.

3️⃣ A Chance to Review Business Continuity

Year-end reviews often highlight what’s working and what needs adjustment. It’s also the right time to ask: What happens to my business if I step away unexpectedly? Estate planning provides clarity.

4️⃣ Planning Builds Peace of Mind

Estate planning doesn’t have to be overwhelming. Even starting with a simple outline of your goals creates confidence that your business and loved ones will be protected.

5️⃣ Advisors Are Already in Year-End Mode

You’re likely already connecting with your financial advisors this time of year. Bringing estate planning into the conversation ensures your legal, financial, and business strategies are all aligned.

How MCAC Helps

At MCAC, we help Alaskan business owners integrate estate planning with financial and operational reviews.

From preparing clear records to coordinating with legal partners, we make sure your estate and business plans work together.

📞 Want to make this year-end about more than just closing the books? Let’s build a plan that protects your business and your legacy.