All in the Family: The Risk and Rewards of a Family Bank
Overview
All in the Family: The Risk and Rewards of a Family Bank
Warner King Babcock, AM Private Enterprises, Inc.; and Karen Neal, Managing Director, Consulting, Family Office Exchange
Stimulating…and funding…entrepreneurship within a family enterprise can become risky business. How do you find the balance between encouraging the next generation of wealth creators while minimizing financial exposure and risk to the enterprise? Warner Babcock will lead a discussion on developing, implementing and governing a family bank. Included in the dialogue will be insight into investment structures, wealth strategies, tax and estate planning as well as family dynamics considerations that must be taken in account prior to enacting a successful Family Bank.