A simple and smart business move with a two-founder setup like this is life insurance held by the other partner, and a buy/sell agreement. That way, if you die,

A simple and smart business move with a two-founder setup like this is life insurance held by the other partner, and a buy/sell agreement. That way, if you die, your spouse gets the cash, the other funder gets the biz. In the vast majority of co-founded companies, something like this makes sense, and term insurance is cheap, if you're under 40.