| Owner has calculated a value of their business in the last 12 months | | |
| Owner is not personally liable on a bank debt or to any business creditors | | |
| Owner has calculated the death taxes, expenses, and other costs that will occur at their passing | | |
| Owner's estate has the liquidity to pay the death-related expenses in the event of their passing | | |
| Owner's business has no bank or other debt which becomes due at their passing | | |
| Owner knows how much income/assets they will want before they exit from their business to maintain their lifestyle | | |
| Owner's retirement plan is fully funded for lifelong income | | |
