According to Babette Campbell, Business Management and Family Office Services Director at Armanino LLP, “Understanding the heart of these sensitive family issues is essential. Communication has to be on point to achieve the desired result. It requires trust, honesty and discretion.” Wealthy families with over-privileged children need to consider their assets carefully. Leaving money to a child who suffers from a terrible drug addiction, for instance, could be his or her death sentence.
