Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Family Wealth Continuity: Building a Foundation for the Future

Family Wealth Continuity: Building a Foundation for the Future

Lansky, David

Paperback

Series: Family Business Publication

Investing & FinanceManagementGeneral Parenting

Publisher Price: $49.99

ISBN10: 1349954160
ISBN13: 9781349954162
Publisher: Palgrave Macmillan
Published: May 30 2018
Pages: 156
Weight: 0.54
Height: 0.36 Width: 6.14 Depth: 9.21
Language: English
Most family business owners and wealth creators share an important vision: perpetuating family and wealth for many generations to come. To ensure wealth continuity, many families put into place various structures, plans, and processes, including estate plans (which may include multiple trusts), ownership succession plans, governance structures/strategies, and others. These sometimes-elaborate plans are aimed at preserving family wealth. In reality, for many families, they don't. In fact, it has been estimated that a majority of estate plans in place fail, largely as a result of family conflict or communication problems. Author David Lansky reveals here that too many one-size-fits-all and elaborate continuity plans fail to take into account the idiosyncratic family factors that can interfere with continuity planning. Lansky details further how building the right foundation will help families implement the best continuity plans. Addressing that foundation effectively includes understanding the building blocks that make it up, assessing their strengths, and developing strategies to improve them. The specific building blocks include: - Learning Capacity - Familyness - Safe Communication Culture - Commitment to Personal Development- Effective Leadership of Change

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