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Families advised to get governance right ahead of $83tn wealth transfer

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“Shirtsleeves to shirtsleeves in three generations.” That maxim haunts wealthy matriarchs and patriarchs around the world: describing the risk that hard-won entrepreneurial riches end up being squandered after they pass to grandchildren. And research shows that there is truth in it: 70 per cent of families that create wealth have…

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Click here to read the full story: Financial Times

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