Building your legacy and preparing for your retirement years should take precedence in your decision-making process.

Ask yourself:

• Do you know anyone who has needed extended care at home or in a long-term care facility? How has that affected you?

• Do you want to give anything to charity?

• How do you want to be remembered?

• How will your assets pass to your family?

• Should you make any gifts during your lifetime?

• Have you considered how you will transfer your business ownership and to whom?