Good Communication Key in Family Planning

March 1, 2006 in Conflict Resolution and Communication in Family Business

In last month's column, I suggested that when transitioning your wealth or business to the next generation, you should include key people (children and their spouses) in the planning effort, open the lines of family communication through discussion and understand how family members see the future. However, good family discussion is often diffi cult. This column is dedicated to a few strategies for good family communication.