Transitioning Billionaire Family Businesses

Transitioning Billionaire Family Businesses.

Russ Alan Prince Contributor

According to Daniel Geltrude, managing partner of Geltrude & Company and Director of the firm’s Family Office Practice, “When working with extremely wealthy family businesses, there are a great many structuring and tax mitigation possibilities. Creating and implementing the best transition strategy that ensures the family maximizes its wealth, while taking into account the family dynamics, the needs and wants of the key decision makers, and ensuring the present and potential of the family business, is often a multifaceted and intricate endeavor. 

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