The Value of Multigenerational Family Meetings

Maggie MayerEstate Planning

If you’ve amassed sizable wealth, or are on the right path and getting there, it may be time
to consider how to pass on some of that money to children and grandchildren without
creating big problems that could harm their futures and destroy family harmony.
The fact is, family wealth—how it’s managed, transferred and used—can generate major
drama among family members. As wealth grows, so does the potential for that money to
provoke conflicts and bad financial decisions that can reduce a family’s financial position and
even ruin intra-family relationships forever.

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