How do wealthy families plan for the future? In this week's episode, the last in our series on redefining family wealth, we'll explore the steps they take, and how their process is different from typical tax and estate planning. We'll discuss the foundational values and guiding principles they use to create their family culture and mission statement. The most successful business families surround themselves with a trusted team who will work together to address both the technical and emotional sides of estate and legacy planning.
How does your family define wealth? In this week's episode, we look at aspects of family wealth that are often overlooked. We continue our conversation with Vincent Valeri of Vedaera, and take a deeper look at the various types of capital that are embedded in a family business. Defining the culture of a family business is an integral part of transition and continuity planning.