Skip to Main Content

Children in Your Business? Blessing or Curse?

Monday, February 1, 2016
Children in Your Business? Blessing or Curse?
Print

For the family business, the biggest uninsurable risk may be – the family!

Few family business owners think of managing risk and family members as being connected. Yet we often see the failure or success of a business driven by family members.  For some, family members represent a trusted and committed leadership for the future.  For others, they become an entitled and incapable legacy.

A recent column in The Economist, Reluctant heirs: Getting children to take over the family business can be hard, looks at these issues. We urge you to read it and consider the risks of your family.

 

 

 

 

Material posted on this website is for informational purposes only and does not constitute a legal opinion or medical advice. Contact your legal representative or medical professional for information specific to your legal or medical needs.