https://youtu.be/sOeq07yZgiQ Watch part three, the final installment of Radio Entrepreneurs Family Business Association (FBA) 2023 Panel series entitled ‘The Family Business: Is this a family affair?’ Gain insight and advice from Stephen Wilchins, founding partner at...
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Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion 2023: “The Family Business: Is this a family affair?” Part 2
https://youtu.be/YatpW3Nny-U Watch part two of the latest 2023 Radio Entrepreneurs Family Business Association (FBA) Panel as Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, Rich Hirschen, partner from Gray, Gray & Gray, and two guest...
Involving Family Members Who Are Outside the Business: Three Options
We have written about a changing dynamic in family businesses where the next generation is no longer inclined to work in the business. To read a recent article on this trend, click here. There are many reasons for this. In some cases, the relevant aptitude and skills...
Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion 2023: “The Family Business: Is this a family affair?” Part 1
https://youtu.be/amGJhZbzx0g The first of the three-part series for the most recent 2023 panel discussion focuses on the question: should everyone in the family be in the business? Stephen Wilchins, Founding Partner at Wilchins Cosentino & Novins, a partner from...
Estate Planning Tips for Green Card Holders and US Citizens from Non-Trust Cultures
Congratulations to all lawful permanent residents and long-time green card holders of the United States! As you settle into your new life in this country, estate planning may not be a top priority. However, it is critical to make arrangements for incapacity or death,...
Family Business: Succession Planning and the Next Generation
Family-owned businesses have traditionally been multi-generational. For decades the default assumption was that the next generation would eagerly step up and provide family continuity in the business. That dynamic is changing. These days, the next generation typically...
Watch the final installment of the Spring 2023 Radio Entrepreneurs Family Business Association (FBA) Panel Discussion as Attorney Stephen Wilchins and the panel talk about “Transitioning the Entrepreneurial Family Enterprise” Part 3
https://www.youtube.com/watch?v=oEtH0nJNoxA Watch part three, the final installment of Radio Entrepreneurs Family Business Association (FBA) Spring 2023 Panel series. Gain insight and advice from Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, a...
Watch the Spring 2023 Radio Entrepreneurs Family Business Association (FBA) Panel Discussion as Attorney Stephen Wilchins and the panel talk about “Transitioning the Entrepreneurial Family Enterprise” Part 2
https://www.youtube.com/watch?v=eJDSVXPX7II Watch part two of the Spring 2023 Radio Entrepreneurs Family Business Association (FBA) Panel as Stephen Wilchins, founding partner at Wilchins Cosentino & Novins, a partner from Gray, Gray & Gray, and two guest...
Attorney Stephen Wilchins is back on the Radio Entrepreneurs Family Business Association (FBA) Panel Discussion Spring 2023: “Transitioning the Entrepreneurial Family Enterprise” Part 1
https://www.youtube.com/embed/Hgsl0RqP62g The first of the three-part series for the Spring 2023 discussion focuses on family businesses and transitioning to the next generation. Stephen Wilchins, Founding Partner from Wilchins Cosentino & Novins, a partner from...
A Trustee’s Duty to Account
One of the primary responsibilities of the trustee of a trust is to manage the trust’s assets for the benefit of the trust’s beneficiaries in accordance with the terms of the trust. The trustee has a duty to keep beneficiaries informed of the trust’s financial...