Whitney Houston's estate plans got complicated when her daughter, Bobbi Kristina Brown, died at 22 before fully inheriting her mother's estate.
Founder Yvon Chouinard structured the transfer of his firm in a way that keeps control within the family and avoids taxes.
Traditional strongholds of wealth, such as New York and Los Angeles, are losing a segment of their HNWIs to other cities across the country and abroad.
Although the next gen may be a long way from having a vote, give them a voice.
Yvon Chouinard and his family are transferring ownership of the apparel company to a trust and nonprofit instead of pursuing a sale.
Gifts of real estate can have some unique complications.
The Queen set an example to put in place a robust transition plan for the family enterprise.
