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Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
Family Wealth Creation planning
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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

Published in: Business, Economy & Finance
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  • 1. FAMILY BUSINESS MISSION www.FamilyBusinessBattleGround.com Surviving and Thriving in your Family Business
  • 2. 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?
  • 3. 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
  • 4. www.FamilyBusinessBattleGround.com Who will carry the legacy of the family values through the next generation?
  • 5. www.FamilyBusinessBattleGround.com Each family is unique with fantastic characteristics, personality, experiences, and differences. http://www.kardiaplanning.com/images/image_family2.jpg
  • 6. www.FamilyBusinessBattleGround.com The pre-requisites for Family Wealth Creation planning can be: http://yourfamilyoffice.us/resources/TypesofWealth.jpg
  • 7. <ul><li>Defining family values and aims </li></ul><ul><li>properly. </li></ul>www.FamilyBusinessBattleGround.com
  • 8. www.FamilyBusinessBattleGround.com <ul><li>Create realistic wealth investment </li></ul><ul><li>structure and strategies. </li></ul>
  • 9. www.FamilyBusinessBattleGround.com <ul><li>The financial products and </li></ul><ul><li>services should be realistic and prudent on </li></ul><ul><li>which all family members agree. </li></ul>
  • 10. www.FamilyBusinessBattleGround.com <ul><li>Building a good family financial </li></ul><ul><li>reporting, responsibility & </li></ul><ul><li>accountability. </li></ul>
  • 11. www.FamilyBusinessBattleGround.com <ul><li>Multi-generational estate planning and </li></ul><ul><li>distribution should be done by a mediator. </li></ul>
  • 12. <ul><li>Bridging the communication gap </li></ul><ul><li>among the family members of different </li></ul><ul><li>personalities and generation gap too. </li></ul>www.FamilyBusinessBattleGround.com
  • 13. www.FamilyBusinessBattleGround.com <ul><li>Wealth Management </li></ul><ul><li>Strategy should be to integrate family along </li></ul><ul><li>with philanthropy. </li></ul>
  • 14. www.FamilyBusinessBattleGround.com <ul><li>Good Governance is necessary to </li></ul><ul><li>be built into a family business for effective </li></ul><ul><li>decision making. </li></ul>
  • 15. www.FamilyBusinessBattleGround.com Be a part of World Class Social Platform - Handle changes in your Family Business . Surviving and Thriving in your Family Business

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