In-Laws by Marriage, Out-Laws in Business?

July 15, 2011 in Conflict Resolution and Communication in Family Business

It seems that every family business has a belief about in-laws and their participation in the family business. Some welcome the in-laws into the operation. Some don't include in-laws in operational issues, but at times ask for input on strategic issues like estate planning or major business changes. Others exclude in-law participation in the business or in significant family wealth decisions at all costs.