Utilizing Purposeful Trusts to Secure Your Family Business Legacy | The Family Biz Show Ep. 20

Season #1 Episode #20

You'll Learn:

  •  Why having a “family-run business” versus a “family-in business” is so important.  
  • Controls vs. roles: Understanding the difference when it comes to family, shareholders and employees when the business is held in trust. 
  • The huge impacts of changing what to why when making decisions.  
  • The intricacies of creating a trust in perpetuity for the family business. 
  • What does it mean to have GOAL Standard for a trust?  
  • Purposeful naming of trusts; and how it can reshape the trajectory for generations to come 

If you’re a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to [email protected] or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! 

CRN-3405779-011421