Hit by a bus: do you have a contigency plan?
 

For those of you that have "run by themselves" web sites: what happens if you die or you're incapacitated tomorrow? Do you have a backup plan where a S.O., family member or trusted friend can take over at least part of your business to keep it alive?

My own sites have a lot of (bad) custom programming so it would be hell for someone to try to figure out everything... and I don't know anyone I could implicitly trust that would be technically capable of doing that.

The good thing is that most are automated, so long as the server bills are paid they'll continue running and generating revenue until something goes wrong. Even if they all died there would be some recurring income for at least a little while.

I wonder if a spouse or manager of a deceased estate is still able to deposit cheques with the deceased's name on them?

i am insured for $750,000 , well thats if i die...

i think its about $150,000 if i get fucked up and cant work :(

My wife would be able to take over management of our sites...if I become a bus hood ornament.

She gets all the revenue checks now as it is anyways :1orglaugh :1orglaugh

I'm considering opening some sponsor accounts for my wife anyway, she earns less than I do so as a whole we would pay less tax if some of the income from my sites goes her way... I guess that's a start

Does that compare well to your current income? It's only a once-off payment, and what happens in the meantime while the insurance company is farting around?

get incorporated using an attorney and an accountant....your best friends. Do it right and your name will go down in history.......Westinghouse...Ford..Disney....Juicy ...

everything is set on auto-pilot. i'll make more money dead than alive

aaaah shouldnt it be more if you get fucked up and can't work any more ?