Family Governance and Leadership Succession

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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
Children and Grandchildren Should Be Ready for Their Roles as Inheritors
BMO Family Office
Wealth creators can be busy with their businesses and community obligations and neglect the important step of passing down the knowledge and tools necessary for a successful wealth transition. As an
Take the Long-Term View
Family Office Exchange
Revised Feb 2020Originally Published in 2014 -- As the scope of a business-owning family’s activities expand and the family grows across generations, the organic shift from a business-
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