All Resources
Private 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…
Beneficiary’s Choice
One way to reduce the chance of creating trust fund babies By Patricia M. Angus – Originally published in Trusts & Estates, August 2014 Among trusts and estates professionals, especially lawyers, but also family office executives, accountants and financial advisors, the…
Attending to a Client’s True Needs
Lessons learned in unexpected places By Patricia M. Angus – Originally published on WealthManagement.com on July 29, 2014 I recently found myself in need of medical help for an unexplained injury. Once again, I found myself learning some lessons that…
My Family Enterprise Day
Don’t overlook what’s all around you By Patricia M. Angus – Originally published in Trusts & Estates, May 2014 Planning for family businesses is becoming a hot topic in the private wealth management community. While the discussion often focuses on what…
Scattergories?
Getting on the right track for financial security By Patricia M. Angus – Originally published in Trusts & Estates, May 2014 As a long-time proponent of knowing one’s own finances to be able to live a financially secure and purposeful life,…
Pritzker Family Enterprise: A Family Governance Case Study
By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic families in the United States, tell us about family governance?
Estate Planning Metrics
Outcomes beyond measure? By Patricia M. Angus – Originally published in Trusts & Estates, March 2014 “Metrics” is a hot word these days. In the world of charitable giving, how they measure, evaluate and assess outcomes. Non-profit organizations are encouraged to…
Reality Trumps Myth: Pritzker family enterprise story
By Patricia M. Angus – Originally published in Trusts & Estates, March 2014 Family business, trust and estate planners have been relying on a set of assumptions about client goals, family relationships and the definition of “success” for as long…
Got Love? Getting to the “heart” of it
By Patricia M. Angus – Originally published on Wealth Management.com in February 2014. Valentine’s Day is always a bright spot in the midst of a sometimes (especially this year on the East Coast) long, cold winter. Long enough into the…
New Year’s Resolutions
Goals for 2014 to improve client/advisor relationships By Patricia M. Angus – Originally published in Trusts & Estates, December 2013 As another year ends and a new one begins, it’s hard not to reflect on achievements and shortcomings—all the things that…
Friend or Foe?
Think twice before becoming your client’s BFF By Patricia M. Angus – Originally published in Trusts & Estates, September 2013 If you choose to work as a professional in trusts and estates or private wealth management, you have an opportunity to…
“Go Away”
A tried and true wealth preservation “technique” By Patricia M. Angus – Originally published in Trusts & Estates, August 2013 During the hazy, hot and humid days of summer, it can be hard for advisors to think about how to help…
What is a “Family?”
Supreme Court rulings highlight timeless estate planning questions By Patricia M. Angus – Originally published in Trusts & Estates, June 2013 This has been quite a week for legal rulings affecting the trusts and estates community: the Supreme Court essentially struck…
Which Gen?
Questioning the Labeling Trend By Patricia M. Angus – Originally published in Trusts & Estates, May 2013 The private wealth management industry has recently directed its focus to the “Next Gen.” Originally a term used in the technology industry, it’s quickly…
Trust and Miracles
A simple test as useful groundwork for establishing a long-term relationship By Patricia M. Angus – Originally published in Trusts & Estates, May 2013 The word “trust” is used all the time in the private wealth management world. Firms advertise themselves…
The Perfect Storm?
It’s brewing on the estate-planning horizon, and clients and their advisors may be heading directly into it By Patricia M. Angus – Originally published in Trusts & Estates, March 2013 Although it was more than a decade ago, I still remember…
May I Help You? – How perspective matters in client-advisor relationships
By Patricia M. Angus – Originally published on WealthManagement.com on February 28, 2013 Some time ago, I was describing a particular client dilemma to a colleague. After listening to my concerns, she said, “so, the question is: have you been…
Now What?
The hard work has only just begun By Patricia M. Angus – Originally published in Trusts & Estates, January 2013 The collective sigh among lawyers, accountants and investment advisors across the United States was practically audible as Dec. 31, 2012 came…
Family Meetings Come of Age: How to create an effective forum for all generations
By Patricia M. Angus – Originally published on WealthManagement.com, 2013 As older members of the Baby Boom generation were reaching adulthood, I spent many an hour watching the bevy of TV shows that were focused on the ways that the…
Island Hopping
An archipelago can be a model for healthy relationships. By Patricia M. Angus – Originally published in Trusts & Estates, December 2012 Last month, I had the opportunity to walk through a city that’s connected as much by its bridges as…
Who We Remember: Every Life Has a Story
“Whose life story from your own family would you most want to have documented on film?” In this moving episode of Who We Remember, host Jamie…
Themes for Family Businesses in 2023
Uncertainty and digitalization are among the challenges. By Patricia M. Angus – Originally published in Trusts & Estates, December 2022 Will 2023 be the year that…
From Textiles to Multi-generational Wealth: The Shah Family Enterprise
By Patricia M. Angus – Originally published on Columbia CaseWorks, Spring 2024 What are the factors that drove a family-owned chemical company’s success, and how…
Trust Ownership of Family Businesses:
Planning for the Future
By Patricia M. Angus – Originally published in Trusts & Estates, February 2024 The scenario is all too common. The founders (or non-founding owners) of a…
Everything Everywhere All at Once?
Family Enterprises in 2024
By Patricia M. Angus – Originally published in Trusts & Estates, January 2024 The 2023 Academy Awards ceremony was quite a sweep for the film Everything…
Audiobook – The Beneficiary Primer: A Guide for Beneficiaries of Family Trusts
Have you been named as beneficiary of a family trust? Does it feel overwhelming? Are you looking for some practical information to get up to…
Wealth Transfer Between Generations, Primer for Trustees and Beneficiaries
In this episode of the podcast Talking Billions, Patricia talks with Bogumil Baranowski of Sicart Associates, LLC. Together they explore:Trusts: what they are, where they…
Complex Family Enterprise: A new way to describe a growing phenomenon
By Patricia M. Angus – Originally published in Trusts & Estates, March 2023 Trusts and estates practitioners (for example, lawyers, accountants and investment advisors) take their…
Review of Reviews: “How Should Inheritance Law Remediate Inequality?” 97 Wash. L. Rev. __ (forthcoming 2022)
By Patricia M. Angus – Originally published in Trusts & Estates, November 2022 Inequality—or rather, disparity—of wealth is perhaps the most complex and vexing issue of…
Your Family Business Needs a Board
By Patricia M. Angus, published in Harvard Business Review, September 08, 2022 A board should be at the helm of any family business, steering the business…
Mental Health and Estate Planning
Patricia joins Arden O’Connor of the Beyond the Balance Sheet podcast in a discussion about estate planning with mental health and addiction issues in mind….
In Tax We Trust: Implications of growing societal and client trends
By Patricia M. Angus – Originally published on WealthManagement.com on February 13, 2022 Most private wealth advisors (including trusts and estates lawyers, accountants and investment…
Virtual Fireside Chat with Leading Family Enterprise and Family Office Experts
The role of family offices in structuring and advising families with regards to liquidity events and family dynamics. Strategies for families to intelligently run and manage the risks associated with private wealth and operating businesses concurrently…
The Family Governance Pyramid: Enhancing and Guiding Your Family Philanthropy
By Patricia M. Angus – Originally published in NCFP’s Passages July 2021 OVERVIEW Family philanthropy is a very important expression of a family’s commitment to…
Sustainable Growth Drivers for Family Enterprises
This webinar draws from the experiences of different stakeholders, explores how family businesses in Africa have evolved, the challenges faced, and the main drivers behind…
The Purpose and Power of Family Governance
By Patricia M. Angus – Originally published as a blogpost for NCFP, June, 2021Excerpt from “Passages Issue Brief: Enhancing Your Family Philanthropy with The Family Governance…
How Should Wealthy Parents Treat Wayward Offspring?
by Emma Jacobs – Originally published in Financial Times on May 26, 2021Giving children too much money, too early, risks indulging them and making them…
Tamarind Learning Podcast: The Beneficiary Primer
In this podcast, Patricia Angus, Managing Director of the Global Family Enterprising Program and Faculty Director of the Enterprising Family Executive Program at Columbia University…
Primer on Family Trust Beneficiaries:
Things to Consider
In this episode of FFI Practitioner‘s weekly podcast, FFI Fellow Patricia Angus discusses her most recent book, The Beneficiary Primer: A Guide for Beneficiaries of Family…
Tamarind Learning Podcast: The Trustee Primer
In this podcast, Patricia Angus, Managing Director of the Global Family Enterprising Program and Faculty Director of the Enterprising Family Executive Program at Columbia University discusses her book, The Trustee Primer, with Kirby Rosplock, PhD, Founder and CEO of Tamarind Partners.