That’s a Shareholder Problem!

Family business owners, managers and professional advisors must always be mindful of the unique nature of the enterprises they serve. While this uniqueness can be made into strength, it also can create special and challenging problems that must be addressed. Continue reading

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“Am I My Brother’s Keeper?”: Brothers in Family Business

The relationship between brothers who are business partners is exceptionally complex and — potentially — rewarding. Even the Bible tells us so. Continue reading

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New Year Tax Planning Guide for Family-Owned Businesses

The need for tax planning includes both personal and company planning coupled with investment and estate planning, as well as some issues that you may not have even considered. Continue reading

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Jon & Kate Plus 8 Minus Jon: What is Wrong with this Equation?

Divorce affects not only the family, but sometimes the family business, in ways one can’t even imagine. Continue reading

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A Holiday Reflection: Giving Thanks for the Family

All of us involved in family business have this wonderful institution, the family, that we have to be grateful for. As the business has grown and changed and as the generations have succeeded each other; as we have fought and argued and disagreed with the direction of the business or as we have celebrated the business successes – if it wasn’t for the family, the family business simply would not exist. Continue reading

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The CLASS Act Fails – Reviewing Long Term Care Insurance

The health reform legislation passed last year included a special provision that addressed long term care coverage and employers. It behooves companies to consider establishing benefits of long term care insurance for executives and family members to ensure that such an expensive burden does not fall on the business: long term care insurance can be set as a tax-deductible benefit which is not taxed to the employee, either for premium or benefits. Continue reading

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The Top 10 Challenges Family Businesses Must Overcome

There is a unique set of challenges that family-owned businesses have to face as a result of the nature of their business structure. Continue reading

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Fierce Conversations in Your Family Business

One of the most important things a business family can do is prepare themselves for the conversations they don’t want to have. Continue reading

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Focusing on the Mission: Lessons Learned from One Family’s Charitable Endeavors

I have seen it many times that a family business loses its real focus and it is at that point that the business may start to flounder. Continue reading

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Facing Common Ownership Challenges: Insights and Strategies from Walker & Dunlop’s Family Leadership

On Thursday, September 22, Mallory and Willy Walker of Walker & Dunlop addressed a group of members, partners and other invitees of the Greater Washington DC Family Business Alliance on the topic of family ownership and transition, and how it has affected their family business. Continue reading

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