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What can we do to ensure that a Distributorship stays in the family in the event of incapacity or death?

First of all, the distributor needs to meet with a professional that understands the laws and strategies of incapacity, including power of attorney and estate planning. Next, they need to read and understand Sections 4.11 – Succession, 4.12 – Transfer Upon Death of an Independent Distributor, and 4.13 – Transfer Upon Incapacitation of an Intendent Distributor. These sections will educate them and their chosen professional, about, among other things, what is allowed as far as transferring the distributorship to a business partner, a friend, or a family member whether or not that third party is currently a LifeVantage Independent Distributor themselves or not.

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