News & Resources

The New York Times “Modern Safeguards for a Family-Owned Business” Features an Interview with Frederic J. Marx

The New York Times

2/16/2013

The New York Times, Saturday, February 16, 2013, featured a story “Modern Safeguards for a Family-Owned Business.” Throughout the article, Hemenway & Barnes partner Frederic J. Marx details setting up a family holding company for the family-owned business. This business structure follows a European model for family business continuity. By adopting this structure, families can diversify their economic holdings, dramatically increase opportunities for family participation, ensure continuity, provide for estate tax planning, and establish the ability to grow a legacy for centuries.

To read the full article, click here.

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