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How to achieve drama-free succession

Succession is critical for families of wealth and means. Transitioning wealth and control can be a minefield laced with potential conflicts and discords. More so in Nigerian families with its peculiar complexities and complications, first born syndrome alongside other cultural nuances that may have created societal expectations and some undue advantages for a ‘pseudo plan’. Successful succession happens when the right instruments and structures are put in place. When they fail, they become the inspiration behind stories on popular blogs and movie scripts. Examples of these failed succession plans abound. A drama-free succession does not just happen, it takes intentional

The post How to achieve drama-free succession appeared first on The Guardian Nigeria News – Nigeria and World News.

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