Lessons from celebrity-estate planning cases for advisors.
Celebrity Estates: Mitzi Perdue on How to Make a Family Business LastCelebrity Estates: Mitzi Perdue on How to Make a Family Business Last
Mitzi Perdue, the daughter of Sheraton Hotels' co-founder and wife to the late chicken icon Frank Perdue, shares advice on how to develop a culture that supports keeping the business in the family.
Only one-third of family businesses make it to the next generation. What are you doing today to help your clients' family businesses last?
In this episode, David Lenok, senior editor at WealthManagement.com, speaks with Mitzi Perdue, a businesswoman, author and public speaker. Mitzi is also the daughter of Sheraton Hotels’ co-founder and wife to the late Perdue chicken icon Frank Perdue. Now, Mitzi shares advice on how to develop a family culture that supports keeping the business in the family.
Frank Perdue
In this episode, you will learn:
What advisors need to focus on to encourage long-term family business success
Why Mitzi recommends hosting endowed family vacations
The purpose of an ethical will
Tips for creating an inclusive family culture
And more!
Tune in now for this heartwarming conversation that’s filled with practical advice on how to develop your family’s culture.
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The Celebrity Estates: Wills of the Rich and Famous podcast is available on Apple Podcasts, Android, Stitcher and wherever podcasts are found.
