Planning for the disposition of one?s estate can be a complicated process, requiring expert advice and careful planning. But when one?s estate also includes ownership in a business?be it sole proprietorship, partnership or the family business?the stakes are even higher. After all, this is a once-in-a-lifetime event?if you don?t do it right the first time, you won?t get a second chance. Though planning for the transfer of one?s business can be a formidable task, ultimately, it all comes down to a few crucial areas: Assembling an advisory team, valuing the business, and determining who you want to own it as well as how you intend to transfer ownership. Team Work ?It?s very important for people to get the right team around them,? says Dan Holbrook of Knoxville?s Holbrook and Peterson....