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Handling the Family Troublemaker

Handling the Family Troublemaker

How wealth management advisors can make breakthroughs

One aspect of the phenomenon I call “the Stinger” involves an individual family member who does whatever it takes to cause trouble in the family, becoming the lightening rod that others circle round to attack. Preventing this problem or solving it once unleashed is a complex and difficult challenge for wealth management professionals because that highly charged atmosphere can hijack good sense, financial planning, trustee relationships and legal-contractual mandates. 

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