Preparing the next generation of family members is the best investment a family can make if they want their legacy to continue. Family continuity and wealth preservation strategies, that lack a solid education agenda will most likely fail to deliver. Teaching your family members to become responsible wealth owners is the most effective way.

The dynamics in business families can be traumatizing for young children and these traumas will carry on into adulthood. In adulthood, the effects lead to certain behaviours and toxic dynamics in the family, which can put the family’s wealth at risk. Understanding trauma and working through it is the basis of broken families finding a way to come together again.