Posts by Edelen McWilliams
Successfully Climbing the Growth Ladder in Family Enterprises: Highlights from Columbia Business School’s annual conference.
By Patricia Riberas – Originally published in Trusts & Estates, March 10, 2017 On Feb. 17, 2017, family business owners, advisors and managers gathered at Columbia Business School’s Fourth Annual Family Business Conference to discuss “From Family Business to Family Enterprise:…
Read MoreA Bridge Too Far?
By Patricia M. Angus – Originally published on Wealth Management.com on March 7, 2017. How academia is essential to the future of family, business and society For too long, family business was not only off the radar of graduate schools…
Read MoreGovernance for Business-Owning Families (Part I): An often overlooked challenge
By Patricia M. Angus – Originally published in WealthManagement.com March 2017 Families who own businesses face a challenge they often overlook, that is, “governing” all that they do together inside, and outside, of the business. Admittedly, governance itself is fraught…
Read MoreThe Year of Governance: A dominating theme on the global, national and family levels
By Patricia M. Angus – Originally published in Trusts & Estates, January 2017 Some years, it’s difficult to look back across 12 months and find a common theme. The year 2016 wasn’t one of those years. Instead, there’s one word that…
Read More21st Century Trustees
By Patricia M. Angus – Originally published on FFI Practitioner on November 16, 2016. Business is all about the future. An entrepreneur takes an idea and makes it into a service or product that people will want even need, for…
Read MoreAfter the Plan: Guiding Personal Trustees
By Patricia M. Angus – Originally published on Wealth Management.com in May 2016. Many years ago, when I was a young lawyer, a new client, “Tom,” entered our offices. He was quite concerned—his friend, “Sam,” had appointed him as trustee…
Read MoreNext Gen 2.0: Taking things to a higher level
By Patricia M. Angus – Originally published in Trusts & Estates in March 2016. You can’t miss it (or them). “Next Gen” is everywhere. The private wealth management industry is awash in Next Gen summits, educational programs, research studies and…
Read MoreEureka! Was 2015 the year family business was “discovered?”
By Patricia M. Angus – Originally published in Trusts & Estates, January 25 2016 Looking back some day, 2015 might be known as the year that family business was “discovered,” at least by a group far larger than those specializing in…
Read MoreHearing Women’s Voices in Wealth Planning: Bringing Everyone to the Table
By Patricia M. Angus – Originally published on Wealth Management.com in October 2015. Earlier this week, I spoke at a conference on Private Wealth Management in Latin America. While that region may not be known for its cutting edge approach…
Read MoreWhat Do Women Really Want? Estate Planning Tailored to Women’s Needs
By Patricia M. Angus – Originally published in Private Wealth Management in 2004 Sigmund Freud, who figured out a great deal about the human psyche, was unable to answer one key question: “What do women really want?” A century later,…
Read MoreMindfulness in Advisor-Client Relationships
By Patricia M. Angus – Originally published on WealthManagement.com on May 27, 2015 By slowing down and looking inward, a financial advisor who’s having difficulty with a client might better understand what’s really happening. “Mindfulness” is a movement on the…
Read MoreEstate and Wealth Planning for Family Enterprises: Reality – Not Myth – as the Proper Starting Point
By Patricia M. Angus – Originally published on FFI on April 15, 2015. The 2015 FFI Global Conference theme of “myths and realities” provides an excellent opportunity to focus attention on how best to advise family enterprises for the long-term…
Read MoreBeyond the Traditional Estate Planning ‘Choices’: Expanding the Options
By Patricia M. Angus – Originally published on Wealth Management.com in March 2015. Estate planners often advise clients that there are only three places where you can leave your assets at death: family, taxes and charity. It became popular to…
Read MoreShould Parents Tell Their Adult Children What’s in Their Estate Planning Documents? Yes.
By Patricia M. Angus – Originally published on Wealth Management.com in February 2015. In general, transparency is the best approach. In general, I believe transparency is the best approach to estate planning when a client has adult children. Of course,…
Read MoreChanging Lenses: How perspective affects family wealth advising
By Patricia M. Angus – Originally published in Trusts & Estates, January 29, 2015 As an amateur photography student, I’ve spent many hours learning about techniques and tools to improve my skills in taking, making and presenting photographs. As I’ve been…
Read MoreDonor Networking
By Patricia M. Angus – Originally published in Trusts & Estates, 2015 New philanthropists often are baffled by challenges after their foundation is established or donations are made. Here’s how to help them help themselves. Charitable giving through private foundations, trusts…
Read MorePlanning Trust Administration to Avoid Conflict
By Patricia M. Angus – Originally published in WealthManagement.com in December 2014 In wealth management, the trust is the most common structure used to realize our widely recognized and accepted freedom of disposition. Within broad parameters, the law of trusts…
Read More‘Tis the Season: Year-end planning that doesn’t lead your clients down the road to conflict
By Patricia M. Angus – Originally published on Wealth Management.com in December 2014. Year-end planning that doesn’t lead your clients down the road to conflict. Last month, I wrote about family business feuds and how they could be prevented more…
Read MoreFamily Feuds: Lessons learned from the headlines
By Patricia M. Angus – Originally published in Trusts & Estates, November 2014 Hardly a day goes by without a headline about a “family business feud” in the pages of national newspapers or in blasts from various media sources. It’s hard…
Read MorePrivate Wealth Advice in the Social Media Era: If work is done well but no one tweets about it, is it still good?
By Patricia M. Angus – Originally published in Trusts & Estates, September 2014 We’ve all heard the question: “If a tree falls in the forest and no one hears it, does it still make a sound?” This is often the start…
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