Thriving in Adversity for Business-Owning Families

In today’s economic environment, having a strategic plan for business-owning families is essential to identify the multiple risks of the family enterprise. This 2009 FOX Fall Forum session offers new strategies to be considered for the family enterprise, including the operating business, family office and the family foundations.

Based on first-hand experience, the presenters will provide detail on the factors to consider when planning for the family enterprise. Considerations include succession planning, how to minimize the bite of higher tax rates, using the family bank to preserve family capital, how to determine family member dividends and how purpose trusts can impact the family enterprise.