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Handling the Family TroublemakerHandling the Family Troublemaker

How wealth management advisors can make breakthroughs

Donna LeBlanc

August 2, 2016

13 Min Read
Handling the Family Troublemaker

One aspect of the phenomenon I call “the Stinger” involves an individual family member who does whatever it takes to cause trouble in the family, becoming the lightening rod that others circle round to attack. Preventing this problem or solving it once unleashed is a complex and difficult challenge for wealth management professionals because that highly charged atmosphere can hijack good sense, financial planning, trustee relationships and legal-contractual mandates. 

 

Elements of Phenomenon

What distinguishes the Stinger phenomenon from the concept of family feuds is that the latter term usually describes family members fighting over an inheritance or certain personal items (for example, mom’s jewelry after she’s passed). That dynamic has...

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About the Author

Donna LeBlanc

Donna LeBlanc, M.ED, NYMHC provides training and private counsel for advisors and their clients. She is a communication and conflict resolution specialist. For over twenty-five years she has coached advisors and family members to navigate high value conversations with powerful dialogue and pinpoint, character insight. Ms. LeBlanc, a licensed psychotherapist, is also the best-selling author of two books. Her book, "The Passion Principle" provides a powerfully intuitive profiling system, which can be used as a relationship management tool. Her family governance purview includes a recently co-authored article in Trusts & Estates Magazine on Avoiding Family Feuds. Donna has a global clientele and is located in New York City. She can be contacted at www.DonnaLeBlanc.com.

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