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The right time to involve the next generation
The International Family Offices Journal
Vol. 7 - Iss. 3 pp. 16–19
Mar 2023
Antoaneta Proctor looks at when to best engage the next generation of a family. She highlights the importance of understanding the priorities, objectives and necessities of the next generation. The need for appropriate conversations with the next generation to build healthy attitudes towards wealth and family cohesion is discussed. She provides helpful guidance for families in a range of situations, including those with clear governance structures in place and those starting with "a blank canvas".