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Articles tagged: Family Dynamics
4 Steps for Handling Your Finances in Divorce
Divorce is not just an emotional process—it’s a financial one too. Follow these steps to manage finances in divorce and protect your assets. Read More
The Good, the Bad and the Ugly of Family Business Transitions and Exit Planning
Usher in the good and avoid the bad—or ugly—in family business exit planning by following these strategies during a transition. Read More
Structure is the Key to Stronger Family Business Succession Planning
Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles. Read More
Long-Term Care Insurance: What You and Your Family Should Know
Everyone should consider long-term care insurance when thinking about the future. Do you know what you need to ask? Read More
Surviving the Second Generation: Discussions You Need to Have Before Family Business Transitions
Many family businesses don’t survive into a third generation. Strong quarterly communication can aid family business transitions. Read More
2 Crucial Tips for Preserving Multigenerational Wealth
Better multigenerational wealth management requires families to recognize potentially fatal events and treat their wealth as an enterprise. Read More
Family Business Conflicts: Are You Choking on Family Fur Balls?
Conflict resolution in family business starts by addressing ‘fur balls’. Don’t choke, or family business conflicts will worsen. Read More
Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures
It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle? Read More
Psychology of a Private Company Board Part 2: Family-Owned Businesses
The board of directors for a family-owned business has a duty to the company’s owners, but family dynamics often complicate its direction. Read More
Smart Giving Gives Back: The Surprising Benefits of Family Philanthropy
Philanthropy is important to many wealthy families, but many don’t have a structured plan. Learn how to give back with organized philanthropy. Read More