Grammar of the Wealthy Family by Alain-Laurent Verbeke

Grammar of the Wealthy Family by Alain-Laurent Verbeke

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Grammar of the Wealthy Family by Alain-Laurent Verbeke

Every person with money and assets worries about the future: after I pass away, what will happen with the money and valuables? The real estate and the company? Estate planning is a broad area of law where private law, tax law, corporate law and private international law blend together.

Grammar of the Wealthy Family discusses communication about these important and sensitive issues within the family. Traditionally, the answers are framed top-down, within the leading generation's tunnel vision: the head of the family decides what the future should look like. Can such planning, strictly implementing the wishes of the head of the family, be sustainable?
We think a wise and mature estate planning should contribute to the flourishing of both the estate and the members of the family. Estate planning should be a bottom-up family planning, taking into account the dreams and wishes of all family members, embedded in a shared vision, mission and strategy for the family and its wealth, also for future generations.
In our view, traditional estate and tax planning is only the third and last step in the process towards sustainable shareholdership. It is preceded by firstly preparing the family and secondly having the family negotiate their shared values and mission. This requires families to be educated in a process of genuine open dialogue and reflection.

The authors are Family & Business Dynamics - Governance senior experts at the Greenille Private Client Team of Deloitte Legal (Belgium, NSE), and lead the KU Leuven Centre for Business Families.

Every person with money and assets worries about the future: after I pass away, what will happen with the money and valuables? The real estate and the company? Estate planning is a broad area of law where private law, tax law, corporate law and private international law blend together.

Grammar of the Wealthy Family discusses communication about these important and sensitive issues within the family. Traditionally, the answers are framed top-down, within the leading generation's tunnel vision: the head of the family decides what the future should look like. Can such planning, strictly implementing the wishes of the head of the family, be sustainable?
We think a wise and mature estate planning should contribute to the flourishing of both the estate and the members of the family. Estate planning should be a bottom-up family planning, taking into account the dreams and wishes of all family members, embedded in a shared vision, mission and strategy for the family and its wealth, also for future generations.
In our view, traditional estate and tax planning is only the third and last step in the process towards sustainable shareholdership. It is preceded by firstly preparing the family and secondly having the family negotiate their shared values and mission. This requires families to be educated in a process of genuine open dialogue and reflection.

The authors are Family & Business Dynamics - Governance senior experts at the Greenille Private Client Team of Deloitte Legal (Belgium, NSE), and lead the KU Leuven Centre for Business Families.
SKU Nicht verfügbar
ISBN 13 9789462363175
ISBN 10 946236317X
Titel Grammar of the Wealthy Family
Autor Alain-Laurent Verbeke
Buchzustand Nicht verfügbar
Bindungsart Paperback
Verlag Eleven International Publishing
Erscheinungsjahr 2022-09-01
Seitenanzahl 138
Hinweis auf dem Einband Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis Nicht verfügbar