Succession Planning for Family Offices
Succession planning for family offices isn't just about transferring wealth – it's about transferring wisdom, values, and responsibility across generations. You've probably heard the shocking stories: Gloria Vanderbilt leaving nothing to Anderson Cooper, or Warren Buffett planning to give away his $77 billion fortune rather than pass it to his children. But here's what these headlines miss: these aren't acts of cruelty. They're carefully considered succession planning for family offices decisions based on deep understanding of what wealth can do to unprepared inheritors. The Fear Every Wealthy Family Shares Picture this: you've spent decades building something meaningful, creating financial security that could last generations. Yet you lie awake wondering if leaving that wealth to your children will destroy their drive, their character, or their happiness. You're not alone in this concern. The "shirtsleeves to shirtsleeves…