The Business of Family: How to Stay Rich for Generations (2015)
The Business of Family teaches readers how to write their own family business plan using time-tested strategies from the corporate world to provide a practical, user-friendly method that ensures their family knows where it's been, where it's headed, and how it's going to get there.
'Linda Davis Taylor has written a very thoughtful, practical book on family wealth. Many families would benefit from reading and sharing it.' Kathryn A. Hall, CEO and co-CIO of Hall Capital Partners LLC 'The Business of Family is destined to become the standard work in the realm of family wealth management. Well-written, clear, and user friendly, this helpful guide will direct interested individuals upon the right course to best financially manage their most precious asset: their family.' Laura Skandera Trombley, President of The Huntington Library, Art Collections, and Botanical Gardens 'Linda elegantly tackles two of the most emotional subjects in the world family and money. The Business of Family is a valuable resource filled with engaging stories and actionable strategies that can help families find common ground and sustain their wealth for generations to come.' Hannah Shaw Grove, Founder of Private Wealth magazine and author of The Family Office: Advising the Financial Elite 'Practical, thoughtful advice for families interested in a purposeful approach for maintaining and growing wealth. Filled with memorable anecdotes and useful references, the book identifies behavioral biases that can have significant, negative impacts on relationships and on wealth. The book is a model of how to think systematically about the interaction of business and family.' Janet Kiholm Smith, Von Tobel Professor of Economics, Claremont McKenna College 'There is nothing like being in a family business. Values are intertwined with commerce on a daily basis. As Linda Davis Taylor shows, whether you are in a large corporation or small Mom and Pop, keeping those values close is critical to success.' Alexandra Lebenthal, CEO, Lebenthal Holdings 'The thoughtful guidance provided in The Business of Family is nothing short of indispensable for those who desire to successfully transition their wealth and, as importantly, their values to children and grandchildren. A very important tool for professionals wanting to offer practical and meaningful advice to the families they serve.' Richard H. Patterson, Jr., CEO, San Pasqual Fiduciary Trust Company
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