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Legal

These articles raise common legal issues confronting practitioners and discuss the practice of law as it pertains to attorneys working in the field of family enterprise.

Many enterprising families create unique collections of artwork, which ultimately may be passed from one generation to the next.

As the end of the year is quickly approaching, this week’s contributor, Matthew Erskine, provides a checklist of tax planning items for family enterprise clients to consider.

With the growing popularity and continued evolution of AI platforms, such as ChatGPT, increased questions have been raised about their ability to complete more complex functions.

This week’s FFI Practitioner concludes a two-part overview by Matthew Erskine and Jonathan Wilson about the Corporate Reporting Act and its impact on family enterprises.

Thank you to this week’s contributors, Matthew Erskine and Jonathan Wilson, for providing an overview of the Corporate Reporting Act, which is scheduled to take effect in the US in the beginning of 2024.

In this week’s issue of FFI Practitioner, Matthew Erskine considers the ways that a prenuptial agreement can be an effective tool for family enterprises not only to protect family assets, but to articulate their philosophy and vision for the family’s future.

In today’s turbulent world, family enterprise owners must become more agile to keep up with increasing rate of change.

In this week’s edition of FFI Practitioner, FFI Fellow Patricia Annino explores the impact that the sudden death of a family business leader can have on the entire enterprise.

In this week’s edition of FFI Practitioner, Matthew Erskine discusses the unique qualities and risks of crypto-asset wealth and provides an introduction to the special considerations to be addressed in the transfer of digital assets.

Recently, NFTs have become a popular topic for enterprising families considering whether to invest in the digital collectibles as a way to diversify their assets.

In this week’s podcast, FFI Fellow Patricia Angus discusses her most recent book, The Beneficiary Primer: A guide for beneficiaries of family trusts, which serves as a resource for beneficiaries, trustees, advisors, and other practitioners to navigate, administer, and benefit from trusts.

For this week’s edition of FFI Practitioner, FFI Fellow Patricia Annino sat down with interviewer, Jordan Rich, to discuss the key takeaways from her recent book, Power, Strength & Perseverance: What women know about other women, but search for in themselves. In this podcast, Patricia discusses her experience guiding business families and families of wealth through legacy and estate planning.

Thanks to this week’s contributor, FFI Fellow and founding member of FFI, Ernesto Poza, for this thought piece on the many facets of ownership in family enterprises and how effective governance can help to clarify these complex dynamics.

Thanks to this week’s contributor, Matthew Erskine, for his article that explores the importance of building flexibility into the estate planning process for advisors working with nontraditional families.

Thanks to Brett Coffman for this week’s edition discussing “B Corps” and how related assessments may provide your family enterprise clients a framework to codify family values around a set of corporate principles that relate to discussions of social responsibility.

Thanks to Vijay Sathe, Alfredo Enrione, Donna Finley for this week’s edition, which is a case study about how five sisters, who suddenly and unexpectedly inherited their father’s businesses, and how they dealt with the influence of two executors to reach harmonious ownership of the family enterprise.

Thank you to FFI Fellow Ed van de Vijver for this week’s article on the importance of developing a family enterprise ownership strategy that is aligned with the family financiers’ objectives.

For advisors working with family business clients operating across multiple countries, it is important to keep informed about jurisdictional differences and how they could impact your clients.

This week’s FFI Practitioner examines how advances in science can impact multidisciplinary approaches to family business consulting.

Have the contributions that lawyers can make to family governance discussion been undervalued? So says this week’s contributor, Henry Krasnow, in a thought-provoking piece exploring how family business consultants can collaborate more productively with the company’s attorney.