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S2E19: How to prepare to inherit a family business

Gaining exposure, cultural conflictions and intergenerational discussions are all part of the road to inheriting a family business.

Synopsis: Every first and third Monday of the month, get a headstart in your personal finance and career with The Straits Times.

Family businesses have been in the spotlight, after the CDL saga that saw father and son in a tussle for control over one of Singapore’s largest companies.

But whether it is about inheriting family businesses or family wealth, the process is not a straightforward one.

Banks and financial organisations prepare young people to take…

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