Wealthy families need more than a financial succession plan: They need a process
Wealthy families need more than a financial succession plan. Identifying and executing family goals and priorities requires a deliberate process. Sara Montgomery explains via Kiplinger.
Wealthy families can have balance sheets as large and complex as sizable businesses. But when it comes to planning for the future, they usually don’t employ the same depth of resources that a CEO calls on to make informed, collaborative decisions.