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Everything Everywhere All at Once?
Family Enterprises in 2024

The 2023 Academy Awards ceremony was quite a sweep for the film Everything Everywhere All at Once,1 which conventions, including genre, casting, plot and the time-space continuum. Looking ahead to 2024, it seems this film is a harbinger of things...

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 speed fast? Patricia's essential guidebook is now available as an audiobook.

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:What are trusts, where did they come from, what purpose do they serve?How trusts have changed over the years?Two types of...

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 clients as they find them. If you’re writing a will or doing an estate plan,...

Mental Health and Estate Planning

Patricia joins Arden O'Connor of the Beyond the Balance Sheet podcast in a discussion of how mental illness may impact the estate planning process. Click below to listen for insightful information and aspects to consider. Listen on Apple Podcasts

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 advisors) assume that a primary goal of their work is to reduce their clients’ taxes...

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 irresponsible. Patricia Angus and other experts offer advice on the delicate balance wealthy parents face...

Tamarind Learning Podcast: The Beneficiary Primer

https://youtu.be/q2f3XWdbPQY 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 Beneficiary Primer, with Kirby Rosplock, PhD, Founder and CEO of...

The Trustee Primer: A Guide for Personal Trustees

Tamarind Learning Podcast: The Trustee Primer

https://www.youtube.com/watch?v=1twbEuV0-fQ 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...

Guidance for Family Offices: How to approach ESG investing

By Patricia Angus and Camille Korschun - Originally published in Family Enterprise Insights, March 2021 Introduction: Environmental, Social, and Governance investing (ESG investing) is an approach that incorporates factors beyond financial return in an investment decision. Namely, the investor incorporates...

Sun Lens Flare on Black Background, Flash Light, Light, sun, sunbeams, sunrise, glare

Family Enterprise in The Center of it All

By Patricia M. Angus - Originally published on WealthManagement.com, December 2020 It’s impossible to look at 2020 and not see family enterprises in the center of the astounding confluence of events that shook the world in the past year. Family...

COVID Conversations

By Patricia M. Angus - Originally published in WealthManagement.com April 2020 By now, unless you work in health care or an “essential business,” you’ve likely settled into “self-isolation” mode. Working at home, your family is now nearby—physically and/or on the...

Founding Women of Family Wealth

Patricia Angus convened the Founding Women of Family Wealth for a series of panel discussions exploring the practitioner perspective, at Columbia Business School Global Family Enterprise Program. Below are links to: "What is wealth?" and "Competition vs. Collaboration": https://youtu.be/qd7ZTwWPBC4 A...

House of Redstone: Family Enterprise in Three Acts

By Patricia M. Angus - Originally published on Columbia CaseWorks Fall 2018 What family enterprise, ownership, and governance lessons can be gleaned from the multigenerational saga of the Redstone family? Read Full Article on Columbia Business School Caseworks

Weddings, Engagements and Prenups

Help clients address the “what ifs” before the “I dos.” By Marvin Blum - Originally published on Trusts and Estates in February 2018. Tying the knot. Settling down. Getting hitched. Taking the plunge. Regardless of what you call it, getting...

Governance for Business-Owning Families (Part II): It starts at the top

By Patricia M. Angus - Originally published in WealthManagement.com March 2018 The world is full of family businesses. Literally. Most of the world’s businesses are owned, controlled and often managed by a group of family members.1 These families face challenges...

Are You Wealthy?

Wealth of Wisdom Podcast, Episode 21, 2018 In the first chapter of the book, Wealth of Wisdom (McCullough & Whitaler), Patricia Angus tells a fascinating story about a conversation she had with a cab driver about wealth and life and...

A 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...

Governance for Business-Owning Families (Part I): An often overlooked challenge

March 1, 2017

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…

21st Century Trustees

November 16, 2016

By Patricia M. Angus – Originally published on FFI Practitioner on November 16, 2016. Business is all about the future. An entrepreneur takes an idea…

Are You “Wealthy”?

June 30, 2016

By Patricia M. Angus – Originally published on WealthManagement.com June 2016 Recently, I took a taxi to the airport after leaving a conference focused on…

After the Plan: Guiding personal trustees: the challenge and some ways to address this

May 12, 2016

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,…

Next Gen 2.0: Taking things to a higher level

March 1, 2016

By Patricia M. Angus – Originally published in Trusts & Estates in March 2016. You can’t miss it (or them). “Next Gen” is everywhere. The…

Hearing Women’s Voices in Wealth Planning

October 26, 2015

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…

What Do Women Really Want? Estate Planning Tailored to Women’s Needs

October 26, 2015

By Patricia M. Angus – Originally published in Private Wealth Management in 2004 Sigmund Freud, who figured out a great deal about the human psyche,…

Mindfulness in Advisor-Client Relationships

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. By Patricia M. Angus…

Estate and Wealth Planning for Family Enterprises: Reality – not myth – As the Proper Starting Point

April 15, 2015

By Patricia M. Angus – Originally published on FFI on April 15, 2015. The 2015 FFI Global Conference theme of “myths and realities” provides an…

Beyond the Traditional Estate Planning ‘Choices’

March 26, 2015

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…

Should Parents Tell Their Adult Children What’s in their Estate-Planning Documents? Yes.

February 23, 2015

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…

Planning Trust Administration to Avoid Conflict

December 1, 2014

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…

‘Tis the Season: Year-end planning that doesn’t lead your clients down the road to conflict

December 1, 2014

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….

Attending to a Client’s True Needs

July 29, 2014

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…

Pritzker Family Enterprise: A Family Governance Case Study

March 7, 2014

By Patricia M. Angus – Originally published on Columbia CaseWorks Fall 2013 What does the Pritzker family story, one of the wealthiest and most philanthropic…

Reality Trumps Myth: Pritzker family enterprise story

March 1, 2014

By Patricia M. Angus – Originally published in Trusts & Estates, March 2014 Family business, trust and estate planners have been relying on a set…

Got Love? Getting to the “heart” of it

February 14, 2014

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…

May I Help You? – How perspective matters in client-advisor relationships

February 28, 2013

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…

Family Meetings Come of Age: How to create an effective forum for all generations

January 1, 2013

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…

Family Governance Meets Family Dynamics: a Survey and Strategies for Successful Joint Philanthropy

January 1, 2007

By Patricia M. Angus and Fredda Herz Brown, Ph.D. – Originally published on NCFP Passages in 2007. The Smith family* had been running their foundation…

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