Today, I have the pleasure of speaking with Pat Soldano, President of Family Enterprise USA, a non-profit organization based in Washington, DC, whose mission is to promote the growth of generational-owned family businesses in the US. Pat is also President of Policy and Taxation Group, a non-profit she formed in 1995 that works to reduce onerous tax and economic policies for successful families, family offices, and family businesses. Before that, she spent over 30 years providing family office services as owner of Cymric Family Office Services and then as Managing Director of the Western Region for GenSpring for 5 years.

Pat and Family Enterprise USA have been doing great work representing the interests of family enterprises. She talks about legislation that is either being considered or has recently been passed in Washington, DC that can potentially affect enterprising families and their businesses. Pat also shares some highlights of the results and findings from the annual Family Enterprise USA survey of family businesses, which was just recently completed and received over 700 responses from family businesses across the US.

Pat offers some practical tips for family businesses and families of wealth on how they can stay abreast of legislative and political developments in Washington, DC that might affect them. She also makes valuable and actionable suggestions for family business owners who not only want to stay informed but also have an impact on legislation or other government actions that impact their enterprises and their families’ wealth and well-being.

Do not miss this important conversation with an industry doyenne and the most prominent advocate for family businesses and enterprising families in the US.