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This page contains a single entry by Associate Editor - 3 published on January 17, 2012 4:44 PM.

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New Risks for the New Generation: Encouraging Families and Family Owned Businesses to Implement a Family Risk Management Policy

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From the article: "Families and family owned businesses have faced risks since this country began. Traditional risks have included the unexpected death or disability of key stakeholders; incomplete or out of date estate planning documents; incomplete or out of date corporate documents;  the lack of liquidity; the lack of a disaster plan; the lack of effective communication among key stakeholders; major changes in the competitive environment; the divorce or remarriage of a key stakeholder; out of date business valuations; the absence of an effective family governance policy; and the lack of an awareness of the boundaries between family and business."

Find the rest of the article here.








Posted by Matthew Engler, Managing Associate Editor.










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