Family Business Matters

When Adult Kids Move Home

June 17th, 2009

“If you’re going to let a young adult move home, then you should at least have some rules about what’s what. Blog post from attn:money

MORE...

Tags: children and money, financial education
Posted in FOBs in the News | No Comments »

Posted here is an invitation to colleagues in the field of family business conflict resolution, to pool our experience and insights about one of the most difficult impasses we frequently face in consulting to family firms. Your feedback will be greatly appreciated, whether as comments on this thread or privately as email. Please also bring [...]

MORE...

copyright reserved, Kaye Family Business Associates, Inc.

Tags: conflict, family history, feuds, psychodynamics
Posted in Cases | 3 Comments »

Psychologists or Sycophants?

May 9th, 2009

This opinion piece elicited a number of letters from colleagues, of the “I’ve had the same thoughts but was afraid to utter them” variety, when published 14 years ago in the Family Firm Institute newsletter. I’m reprinting it now because so much in the news has made me feel exactly the same way.
Does high and [...]

MORE...

Tags: crime, human capital, secrets
Posted in FOBs in the News | No Comments »

Family trees: the look forward

May 1st, 2009

Michael Kleiman, son of our friend and family business dynamics colleague Jerry Kleiman, has been posting on The Huffington Post about the production of his documentary film The Last Survivor. In this last post, Michael describes one of the conversations in his film, between a refugee newly arrived in St. Louis, imagining the family tree [...]

MORE...

Tags: biography, family history, film, legacy
Posted in FOBs in the News | No Comments »

Family firms in a downturn

April 17th, 2009

There’s a nice video on families hanging together in today’s New York Times.
Does a family firm provide greater job security in an economic downturn?
Not necessarily. Not in the case I’ll call ABC Stores, a retail chain with 200 employees. The second-highest salary is that of brother Andy, whose sister, Marilyn, has been wishing for years [...]

MORE...

copyright reserved, Kaye Family Business Associates, Inc.

Tags: family business dynamics, sibling partners
Posted in Cases | 1 Comment »

Trustee willing to settle for fee of $120M

April 15th, 2009

Former Cleveland Indians owner Dick Jacobs sues his niece and nephews for compensation of $120M. To be fair, that’s only $8M a year for 15 years’ service as the trustee of their father’s estate.

MORE...

Tags: feuds, inherited wealth, trusts
Posted in FOBs in the News | No Comments »

Flynt stops nephews from sullying his good name

March 31st, 2009

“Hustler” publisher Larry Flynt sues his nephews, Jimmy and Dustin Flynt, to block their use of his (and their) name.
“To come into the adult entertainment business and use my name not only confuses people who buy my products, but if they’re not maintaining a certain quality, it could also hurt my name,” Flynt told the [...]

MORE...

Tags: legacy, succession
Posted in FOBs in the News | 1 Comment »