Most families spend years educating children on how to be productive members of society. Few spend time educating them on how to own the family's actual…

Most families spend years educating children on how to be productive members of society. Few spend time educating them on how to own the family's actual investments.

The family office has the records, the financial statements and the people who can explain what the family owns. We should be using that knowledge before the next generation is asked to vote on an important decision or take over a management role.

They need to understand the assets, the obligations and the decisions that will come to them.

Read the attached article.