Build Your Family Bank

Download or read book Build Your Family Bank written by Emily Griffiths-Hamilton and published by Figure 1 Pub. This book was released on 2015-04 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Unlock the secrets behind effective succession and wealth-transition ... The path to success ... is the Family Bank, a dynamic approach that any family, at any stage in its life cycle, can adopt ... The failure rate for succession plans today is an astounding 70 percent ... because the traditional starting point for wealth- transition planning - controlling financial assets and minimizing or deferring taxes - gets the process backwards. The Family Bank approach, by contrast, pays close attention to the human elements of a family. Only once those are understood can effective financial structures be developed to meet the family's needs"--Publisher's description.