Build Your Family Bank
Author | : Emily Griffiths-Hamilton |
Publisher | : Figure 1 Pub |
Total Pages | : 144 |
Release | : 2015-04 |
ISBN-10 | : 1927958075 |
ISBN-13 | : 9781927958070 |
Rating | : 4/5 (75 Downloads) |
Book excerpt: "Unlock the secrets behind effective succession and wealth-transition ... The path to success ... is the Family Bank, a dynamic approach that any family, at any stage in its life cycle, can adopt ... The failure rate for succession plans today is an astounding 70 percent ... because the traditional starting point for wealth- transition planning - controlling financial assets and minimizing or deferring taxes - gets the process backwards. The Family Bank approach, by contrast, pays close attention to the human elements of a family. Only once those are understood can effective financial structures be developed to meet the family's needs"--Publisher's description.