This advertisement has not loaded yet, but your article continues below. Try refreshing your browser, or Conversations That Matter: The great wealth transfer Back to videoThat’s because baby boomers are expected to transfer more than $30 trillion to the next generation — an exchange of wealth that has been dubbed the “great wealth transfer.”Much (but not all) of that wealth is in the form of family-owned businesses — businesses that, even when endowed with huge amounts of money and support from the best lawyers available, still blow up. Look at the Rogers family as an example: a nasty family feud that hit the headlines on the heels of the Stronach civil war. Garton joined a Conversation that Matters that every family business must have when planning a transfer of ownership. Please become a Patreon subscriber and support the production of this program, with a $1 pledge here.

Source: Forbes April 08, 2022 18:10 UTC