Multi-generational families have a number of considerations when it comes to wealth transfer
Financial succession planning is all about transferring the equity in the family business to future generations. Very often, critical to the effectiveness of the financial succession plan is its ability to mitigate taxes on the transfer.
Meet America’s New Aristocracy
At some point, extreme wealth becomes extreme power. And when power is inherited, rather than derived from the citizens and workers of a nation, it is fundamentally anti-democratic. To prevent a new aristocratic class from dominating our politics, we must ensure billionaires and their estates are thoroughly, fairly, and effectively taxed.
How to effectively approach your own human capital development in the coming year
The journey towards balance at home and work is a continuous process, requiring ongoing reflection, adaptation, and collaboration. Through the combined power of personal and organizational awareness, we can create a future where human capital flourishes, driving positive change and a prosperous legacy for households and businesses.
Family Charters: What it is and how to create one
A Family Charter (or Family Constitution) is a document that is a key element in setting out the relationship between the business and the family. It defines the ‘rules of the game’. The reality is though, you will never think of every conceivable situation that could arise in the future. So it’s not so much about the specific rules that it contains but the skills the family develop during the process of creating the document that are the true value.
8 Signs You’ve Found Your Life’s Work
Wondering if the job you have now is “the one”–or just another stop on the way to something more fulfilling? Check out this list to know whether it’s time to settle in or keep moving.
