Families want the best for both their family enterprises and their family members, which means that they need to plan for and manage change inherent in moving through time. Relative Solutions assists families in multi-generational planning, helping them address issues related to the ownership and management of their assets during generational transitions.
When a family decides to sell their business, the transaction that transpires is not purely financial. Fredda Herz Brown and Dennis Jaffe discuss how a family can evolve into a well-structured, diversified, financial entity, working together across generations. Read the Article >>
Within a short period of time and through a series of unexpected accidents and a sudden rapidly terminal illness, a successful family owned publications company lost three individuals who had held high-level decision-making positions. When the president called Relative Solutions, he was struggling to maintain standards and productivity for the company, while simultaneously searching for replacements, and assisting employees as well as family members with their grief over the deaths of these company leaders. Since the deceased individuals included his daughter and two nephews, the president himself was also deeply distressed. Read the Case Study >>
After a hurricane hit, a number of businesses and families were left to pick up the pieces. A closely held financial services business, which suffered no loss of life, but next to total devastation of the physical aspects of the business including their headquarters, physical assets like computers, and personal belongings of one kind or another. Read the Case Study>>