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August 25, 2010

Research on estate transitions is quite specific: 70% of families will lose their assets and their coherence as a family unit following the transition of their estate. Why is this? What are the causes? Unfortunately, the answers to these questions and solving the horrific failure rate are neither obvious nor easy.

Research on estate transitions is quite specific: 70% of families will lose their assets and their coherence as a family unit following the transition of their estate. Why is this? What are the causes? Unfortunately, the answers to these questions and solving the horrific failure rate are neither obvious nor easy.

While the causes of post-transition failure are puzzling to most families, they are no longer a mystery to researchers: the biggest cause of failure lies in unprepared heirs.

June 1, 2003

Introducing your children to the family business at an early age can be the start of an educational ‘plan’ to develop business skills that could see them take over the family business – or become a successful business owner themselves

Cindy Iannerelli is recognised around the world for her innovative research and work teaching children business skills. She is Director of the Center for Family Business at Indiana University of PA and a visiting professor at The University of Trento, Italy.

Introducing your children to the family business at an early age can be the start of an educational 'plan' to develop business skills that could see them take over the family business – or become a successful business owner themselves

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