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Family Wealth Continuity Safe Communication Culture

Family Wealth Continuity : Safe Communication Culture [Don Davis didn’t understand the problem. As founder of a $100 million California-based retail business that sold a wide range of cookware and kitchen gadgets, he had worked for years with a team of high-priced attorneys and accountants to ensure his five adult children—three sons and two daughters—would inherit ownership of the business in the most effective, tax-advantaged way. Even though only one of the second-generation members was likely to work in the business, Don, now in his late 60s, saw them as capable inheritors and owners, in part because several of them had strong business experience.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family Wealth Continuity Safe Communication Culture

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Publisher
Palgrave Macmillan US
Copyright
© The Editor(s) (if applicable) and The Author(s) 2016
ISBN
978-1-137-57638-5
Pages
65 –92
DOI
10.1057/978-1-137-57639-2_4
Publisher site
See Chapter on Publisher Site

Abstract

[Don Davis didn’t understand the problem. As founder of a $100 million California-based retail business that sold a wide range of cookware and kitchen gadgets, he had worked for years with a team of high-priced attorneys and accountants to ensure his five adult children—three sons and two daughters—would inherit ownership of the business in the most effective, tax-advantaged way. Even though only one of the second-generation members was likely to work in the business, Don, now in his late 60s, saw them as capable inheritors and owners, in part because several of them had strong business experience.]

Published: Jun 22, 2016

Keywords: Family Business; Harvard Business Review; Communication Culture; Safe Communication; Diffi Cult

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