You’ve worked hard to start your own business. Self-employment allows you to make your own schedule, be in charge of your business and work on becoming financially independent. With all the perks of self-employment don’t forget about estate planning. Independent contractors and entrepreneurs need to focus on their brand’s future as much as their own. You should be putting money into retirement and taking out the appropriate insurance if you become injured. The next step is to create an estate plan. An estate plan can: Lower tax burdens Eliminate or limit probate Assign a successor to your business The right plan will limit the risk of a will contest or challenge to ensure your business continues to thrive well after your demise. A few of the many steps that you’ll want to take as a small business owner creating an estate plan are: Start With a Basic Estate Plan A will and basic estate plan should be your first go-to…