Family Governance and Leadership Succession

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Effective Governance Strengthens Family Unity and Builds a Lasting Legacy
BDO
Unfortunately the data supports there is truth behind the “shirtsleeves to shirtsleeves in three generations” proverb: nine out of ten families lose their wealth by the end of the third
Breaking the Silence on Planning for the Future
Boston Private
Families often find it challenging to talk about long-term plans and wishes of their aging parents. But it’s never a good idea to wait until there’s a crisis to rally family members
Are You Prepared? Children and Grandchildren Should Be Ready for Their Roles as Inheritors
BMO Family Office
For many wealth creators, amassing wealth took a lot of work, but passing down the knowledge and tools to the next generation for successful wealth transition can be an even bigger challenge. Wealth
Cover to Cover: How History Books Are Built
Kathi Ann Brown, Milestones Historical Consultants
Undertaking a family business history is similar to constructing a house—both involve many steps, materials, decisions, and a serious investment of time and energy. "Cover to Cover: How
Cross-Generational Communication: Are You Up for the Challenges?
GenSpring | SunTrust Private Wealth
Research tells us communication is the most essential ingredient for sustaining wealth across generations. But, cross-generational communication can be particularly challenging, especially within
Global NextGen Survey 2019: Agents of Change, Earning Your License to Operate
PwC Private Company Services
Everything about your family business is personal: the decisions you make, the goals you pursue and the legacy you leave. Running a family business requires a balance of business imperatives,
Three Key Challenges Facing Wealthy Australian Families
Jeff Steiner, The Mutual Trust Pty Ltd
Market research reveals that nearly 70% of intergenerational wealth transfers fail by the third generation and almost 90% by the fourth. These are compelling statistics which have become top of mind
A Positive Approach to the Prenuptial Agreement Discussion
Warner Norcross & Judd LLP
Nothing says, “I'm not sure our marriage will last,” like asking your new fiancé for a prenuptial agreement. This situation can be made even more touchy if the parents of the bride or
Getting the Conversation Started
Peter Whitehead, The Mutual Trust Pty Ltd
Delivering what matters most to families includes resolving appropriate succession plans to make sure that the purpose of family intergenerational wealth is delivered. Although confronting succession
Why the Great Wealth Transfer Is More Like the Great Wealth Trickle
Pitcairn
There’s no denying that the looming transfer of wealth will be great—the largest in history. However, for all the hype and years of coverage, the Great Wealth Transfer is more like the