Family Wealth Transition Planning
Advising Families with Small Businesses
Buch in deiner Nähe kaufen
Beschreibung
Managing the transition of family wealth from generation togeneration is a daunting task. Families with businesses requireinheritance plans that are even more complicated because wealth andworth are often intricately woven into the business. And manytransition plans focus only on financial capital and ignore afamily's less tangible assets. Other plans detail theintrinsic elements of an inheritance without satisfying thepractical issues.
In Family Wealth Transition Planning, Bonnie Brown Hartleyand Gwendolyn Griffith guide advisers to families with smallbusinesses through the intricate process of preparing andtransferring wealth to heirs. The authors take a holistic view oftransition planning, focusing on the assets that fall under theumbrella of financial capital, as well as the other key sources offamily wealth: human and social capital.
Advisers learn the essentials to achieving successful wealthcontinuity:
* Healthy family relationships
* Responsible stewardship of wealth, in all forms
* Creation and preservation of the family legacy
Throughout the book, three fictionalized business families,based on Hartley's experience as an adviser, tell their personalstories as they navigate the estate planning process. In thisway, Hartley and Griffith demonstrate how to develop wealthtransition plans that are wide enough in scope to encompass allforms of wealth yet customized to manage each family's differentneeds.
Autor*in
Bonnie Brown Hartley
Themen in »Family Wealth Transition Planning«
Business & Management Klein- u. mittelständische Unternehmen u. Existenzgründung Small Business & Entrepreneurship Wirtschaft u. Management