Wealth management
November 2, 2023
Many families dive in without a plan, process or skills to make well-intended conversations about wealth productive – leading to unintended stress, potential family rifts and under-functioning heirs. Image: Bank of America
By Staff reports
Nearly four in five wealthy families have had unplanned discussions about wealth, with 26 percent later regretting it.
{"ct":"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","iv":"8f43b8a2e8bd071f12e0382ab0ee8930","s":"0b5fa3bbd9b9cd69"}
Share your thoughts. Click here