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Preserving Family Businesses

Not Quite Divorced: When Your Financial Affairs Are Still Married

Kristen Houghton | Posted 05.25.2011 | Divorce
Kristen Houghton

We have all known couples whose marriages are basically over but, who, for the sake of their children, stayed together.

Lessons from a Vineyard: Ignore Predictions

Margaret Heffernan | Posted 05.25.2011 | Business
Margaret Heffernan

Civil war broke out in the Lebanon in 1977. As Nicholas Taleb recalls in The Black Swan, adults at the time were utterly confident that the war would end in "only a matter of days."

Only 15 Percent Of Family Businesses Last Three Generations

The Wall Street Journal | Robert Frank | Posted 05.25.2011 | Business

The path to riches usually starts with a family business. To use private-banker jargon, the Patriarch founds the company (they never say Matriarch) an...