Family Governance and Leadership Succession

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Have You Had "The Talk" with Your Kids? (No, not that one. The one about your estate plan.)
Warner Norcross + Judd
Even if you are not yet ready to share the family's wealth numbers, communicating your intentions to the next generations promotes family harmony and is a best practice for successfully
What Is a Family Vision and Why Do You Need One?
Hawthorn, PNC Family Wealth
A family vision statement is rooted in shared values, interests, and goals. Written with a sense of purpose, your statement becomes your guiding principles for the rules and actions of your family
Shirtsleeves to Shirtsleeves: Beating the Odds of Sustaining Family Wealth
GenSpring | SunTrust Private Wealth
Many families of wealth struggle with a fundamental question: Can our wealth be sustained across generations and have a positive impact on those who use it? Through experience and research, a series
Your Heirs and Wealth: Fostering Purpose
NEPC
Without the usual financial pressures of family wealth, how do you teach your children about money, work, and personal responsibility? Because the stakes are high, begin with the family fundamentals
Considerations for Family Legacy Planning
Ascent Private Capital Management of U.S. Bank
Managing family wealth over the long-term requires careful thought and a well-structured estate plan. Before making specific decisions about what’s best for your wealth, it’s wise to
Is it Time to Add an Outside Perspective to Your Family Business Board?
Ascent Private Capital Management of U.S. Bank
Independent directors can enhance a family business board in a variety of ways, including providing expertise in a range of subject matter areas, leadership development, and learning opportunities.
Wealth Planning Outlook: Renewed Purpose
Northern Trust
Individuals, families, businesses, organizations will long be contending with the COVID-19 impacts of 2020. Against this backdrop, five key themes emerge in the wealth planning outlook for 2021:
Family Inheritance: Does Fair Mean Equal?
Ascent Private Capital Management of U.S. Bank
Many families who have significant assets to pass on later in life or at death may think that being “fair and equal” in the treatment of family beneficiaries is an easy process. However,
Keeping It in the Family: Planning for the Vacation Home
Greensfelder, Hemker & Gale, P.C.
Disagreements and discord can arise when it comes to your family vacation home, a unique asset that symbolizes important memories and family connections. For this reason, you should specifically
How to Plan for Succession: Preserving, Protecting, and Passing on Wealth
BDO
The decisions made regarding ownership of the family office or closely-held business may not necessarily be the same decisions that are required for leadership and management. It’s critical to