-
The Hidden Gaps in Estate Planning: What Families Often Miss, and Why It Matters
Read more: The Hidden Gaps in Estate Planning: What Families Often Miss, and Why It MattersEstate planning is often treated as a legal exercise — documents, structures, tax outcomes. But the truth is this: the biggest risks in estate planning rarely come from the will itself. They come from what is assumed, unspoken or left unprepared. In my work with families, I’ve seen how even…
-
When Uncertainty Rises, Families Need Each Other More Than Ever
Read more: When Uncertainty Rises, Families Need Each Other More Than EverPeriods of economic or political uncertainty can unsettle even the strongest family enterprises. When pressure builds, attention naturally shifts to operations — cash flow, customers, supply chains, margins. Families work hard to steady the business and protect what they’ve built. But there is a quiet trade‑off that often goes unnoticed.…
-
The Quiet Shift Before the Great Wealth Transfer
Read more: The Quiet Shift Before the Great Wealth TransferMuch has been written about the unprecedented intergenerational transfer of wealth underway in Australia. But there is a quieter, often overlooked transition that happens first, long before assets pass to the next generation. In many family enterprises, the first transfer of ownership, control and decision making is not from parent…
-
When Is the Next Generation Truly Ready for Directorship?
Read more: When Is the Next Generation Truly Ready for Directorship?As family businesses across Australia prepare for the largest intergenerational transfer of wealth in history, one question is emerging more often and with more urgency: When is the next generation genuinely ready to step into a director role? It’s a question filled with hope, responsibility and sometimes quiet worry. Rising‑generation…
-
What Families Should Look For When Welcoming a Non‑Executive Director
Read more: What Families Should Look For When Welcoming a Non‑Executive DirectorBringing an external non‑executive director into a family business is a significant moment. It signals that the family is ready to strengthen how decisions are made, invite independent thinking, and build a governance framework that supports long‑term sustainability. It’s not about becoming corporate. It’s about protecting what makes the family…
-
Planning for Tomorrow While Honouring Today
Read more: Planning for Tomorrow While Honouring TodayThe latest research shows that only a small proportion of family businesses have a documented succession plan. At a time when generational transition has never been more complex, this gap is striking and deeply important. Over the next 20 years, more than $3.5 trillion in wealth is expected to move…
-
Helping the Rising Generation Learn to Work Together With Confidence
Read more: Helping the Rising Generation Learn to Work Together With ConfidenceAs family businesses grow across generations, more family members naturally become involved. What begins with a founding couple soon expands to siblings, cousins and in‑laws, each bringing their own experiences, personalities and perspectives. With this growth comes complexity. Communication becomes harder. Decision‑making takes longer. Misunderstandings surface more easily. Families often…
-
Making Succession Planning Feel Simpler, Lighter and More Doable
Read more: Making Succession Planning Feel Simpler, Lighter and More DoableMany families are already doing the right things to prepare the next generation — mentoring them, involving them in decisions, and gradually building their capability. Yet despite this progress, only a small number have a documented succession plan. This is far more common than people realise. Families often hesitate to…
Family Business Insights
Expert insights and practical guidance for family businesses and family enterprises. Explore articles on succession planning, governance, legacy, and long-term wealth stewardship.
