How to Properly Structure and Govern a Family Bank

How to Properly Structure and Govern a Family Bank

Warner King Babcock and Barbara R. Hauser highlight the possible advantages a family bank can offer a high-net-worth family.

High-net-worth families and those who own businesses and want to plan for the future encounter several challenges, including:

 

1. Financially assisting the next generation without causing problems;

2. Inspiri

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