Handling threats to multigenerational wealth

Success in generational wealth transfer is a challenge for many families. Statistics show that 7 out of 10 families will lose their wealth by the second generation, with 9 out of 10 losing it by the third. This staggering number has a significant impact on the wellbeing of existing and unborn family members, as well as on the society that will lose the potential developmental benefits of well-utilised wealth.

The post Handling threats to multigenerational wealth appeared first on The Guardian Nigeria News – Nigeria and World News.

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