Forbes recently published its first annual list of America’s Richest Families. One of the featured articles described the shirtsleeves-to-shirtsleeves story of the Stroh family in an articled entitled How to Blow $9 Billion: The Fallen Stroh Family. One of my greatest passions in life is helping families and closely-held businesses plan for the succession of their businesses and family wealth, so naturally I had some thoughts on how this may have been prevented. Take a peek: Lessons Learned: Forbes’ List of America’s Richest Families
Nick Reister is a Trusts & Estates and Business attorney with Smith Haughey Rice & Roegge’s Grand Rapids, Michigan office. If you have questions about estate planning or other legal matters, please call (616) 774-8000.
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