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Family Crest – Make Sure You Look At The Fine Print

Check the fine print on the family Crest

When you are the heir to the family business, be sure you have read the fine print. Many children follow the matriarch or patriarch into business, searching for the love they did not feel growing up, and to their surprise they always are just a year away.

Also you may not consider the loss of all your siblings as you reach for the brass ring. Often jealousy shows up with a great deal of judgment.

There are also many misunderstandings around shares. Parents gift shares to the kids to transfer assets tax free and then an expectation follows around getting dividends.

There are many ways the family crest will seduce you. Just remember to flip it over and get the fine print.

What is your story?

About the Author

As President and Co-founder of ACI Telecentrics, Inc., Gary Cohen grew the company from two people to 2,200 employees Currently, he is Managing Partner of CO2 Partners, LCC, operating as an executive coach and consultant. His book Just Ask Leadership - Why Great Managers Always Ask The Right Questions (McGraw Hill 2009). Gary B. Cohen Full Bio

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