Challenges Faced During Intergenerational Wealth Transfer
Intergenerational wealth transfer is a pivotal moment for family offices, marking the transition of assets, values, and responsibilities from one generation to the next. However, this process is fraught with challenges that can significantly impact the preservation and growth of family wealth. In this blog post, we'll delve into some of the key challenges that family offices encounter during intergenerational wealth transfers and explore strategies to overcome them.