Passing a family business successfully across generations is a dauntingly complex undertaking. Typical executive succession challenges—such as identifying the business’ leadership needs, finding the right person, preparing the organization and executing the handoff—are amplified by the infusion of emotion into the process. Decisions about who gets what and who’s in charge are tied into complicated family relationships and have long-lasting effects on self-worth, in ...

Purchase access to this article

Receive access to this article for 12 months online.

All Access Premium Subscription

Your subscription will include 12 months of Trusts & Estates magazine, access to premium content on, and Trusts & Estates plus iPad app.

Already purchased this? to view your content.