I’ve got kids working in the business and some outside of the business. How can I ensure everyone is treated fairly?
Published: September 12, 2011
Normally partners choose each other for synergistic or financial reasons. Often next generation family members have no choice. It is a “shotgun wedding.” As a family grows and the number of family members increases this challenge becomes greater. While dividing everything equally amongst family members seems easier, it’s not always the fairest distribution solution. This is often the most emotional aspect of an estate distribution and business succession plan. WealthPoint can be the non-emotional mediator for this difficult process. We have helped many families create specific rules regarding family employment, compensation, distribution of earnings and ownership of the business.
