On October 4, Nancy Gardiner will speak at the Family Office Exchange (FOX) Executive Council ’14, a meeting of CEOs from the multi-generational family offices in the U.S. Nancy will present the:
“Keys to Making Joint Family Property Ownership Stress-Free”
Family joint property ownership can be rewarding on both economic and personal levels. But without adequate preparation and organization, these arrangements can strain the often-complex relationships among family members in unexpected ways. The most common mistake of family co-owners is to assume that their close bonds and intimate familiarity will enable them to more-easily work through any problems that arise during the course of their co-ownership. In fact, the opposite is more generally true: the personal relationships make it more difficult to resolve issues, and the associated tension can infect and even poison family ties.
Fortunately, formulating a plan in advance for handling the most important family ownership issues, and agreeing to stick to the plan unless everyone wants to change it, dramatically lowers the risk of tension and disputes. Our expert and experienced speakers will guide you through the key legal and soft issues for you to consider.
Please click here for more information on the FOX Executive Council ’14.