Sorry about the repost. Something went wrong with the original.

The business-fication of family. Welcome packets and orientation sessions for new family members? Forget family reunions, how about biannual family council retreats?

The scramble to preserve family wealth for generations is noted. Perhaps that is something overlooked by those of us from / in lower wealth brackets: succession planning. Most have heard “die broke.” Some have heard “die leveraged.” How many live a balance of enjoying the fruits of their own labor while leaving an inheritance for the next generation? Perhaps a very small percentage of the population.

http://m.us.wsj.com/articles/SB10001424052702304908304579565800831327122?mg=reno64-wsj