Minding your own business

With the rising trend in the numbers of individuals and families with significant wealth, one aspect of their affairs which is attracting attention is the advice needed to assist them in managing the transition of family wealth to the next generation. This wealth may be being generated through an entrepreneur's successful building of a new business, the evolving operations of a family business developed by an earlier generation, an individual's managerial success or in many other ways. Each situation is unique, but there will almost certainly be considerations arising about how to transfer...