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Family Wealth Creation planning
 

Family Wealth Creation planning

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To sustain, develop, and create family wealth in a Family Business. While Creating Family Wealth Legacy question that spontaneously comes to mind

To sustain, develop, and create family wealth in a Family Business. While Creating Family Wealth Legacy question that spontaneously comes to mind

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    Family Wealth Creation planning Family Wealth Creation planning Presentation Transcript

    • FAMILY BUSINESS MISSION www.FamilyBusinessBattleGround.com Surviving and Thriving in your Family Business
    • www.FamilyBusinessBattleGround.com This is easier said than done; While Creating our Family Wealth Legacy one question that spontaneously comes to mind is: Will our family wealth last through the next generation?
    • www.FamilyBusinessBattleGround.com Naturally, when one generation makes way for another generation, in a family business that is made-up of grandparents, parents and children, there are issues around leadership, family future, and ownership continuation through generations. http://www.kardiaplanning.com/images/image_family.jpg
    • www.FamilyBusinessBattleGround.com Who will carry the legacy of the family values through the next generation?
    • www.FamilyBusinessBattleGround.com Each family is unique with fantastic characteristics, personality, experiences, and differences. http://www.kardiaplanning.com/images/image_family2.jpg
    • www.FamilyBusinessBattleGround.com The pre-requisites for Family Wealth Creation planning can be: http://yourfamilyoffice.us/resources/TypesofWealth.jpg
      • Defining family values and aims
      • properly.
      www.FamilyBusinessBattleGround.com
    • www.FamilyBusinessBattleGround.com
      • Create realistic wealth investment
      • structure and strategies.
    • www.FamilyBusinessBattleGround.com
      • The financial products and
      • services should be realistic and prudent on
      • which all family members agree.
    • www.FamilyBusinessBattleGround.com
      • Building a good family financial
      • reporting, responsibility &
      • accountability.
    • www.FamilyBusinessBattleGround.com
      • Multi-generational estate planning and
      • distribution should be done by a mediator.
      • Bridging the communication gap
      • among the family members of different
      • personalities and generation gap too.
      www.FamilyBusinessBattleGround.com
    • www.FamilyBusinessBattleGround.com
      • Wealth Management
      • Strategy should be to integrate family along
      • with philanthropy.
    • www.FamilyBusinessBattleGround.com
      • Good Governance is necessary to
      • be built into a family business for effective
      • decision making.
    • www.FamilyBusinessBattleGround.com Be a part of World Class Social Platform - Handle changes in your Family Business . Surviving and Thriving in your Family Business