Business Families and Family Businesses: The Step Handbook for Advisers

This third edition, co-published with STEP, looks at developments within the approach to family business advising since 2018, taking account of the current geopolitical backdrop and the shift in attitude in a growing number of clients towards succession, philanthropy and investments.

However, for those new to the field there remains ongoing guidance on:

- how to understand the unique nature of family businesses;
- typical family dynamics that impact succession;
- the power of governance in supporting good ownership and management;
- the typical stages of the family business and the key risks that will invariably arise; and
- the different legal and non-legal approaches to tackling such problems.

Featuring contributions from leading practitioners in the field (including the Family Firm Institute, Cambridge Family Enterprise Group, KPMG, Rawlinson & Hunter, JTC Private Office, Boodle Hatfield, Forsters, Farrer & Co, Wedlake Bell, Schillings, HSBC Global Private Banking, Stonehage Fleming and Rothschild & Co), this comprehensive handbook makes essential reading for all practitioners who advise business families, including lawyers, accountants, financial advisers and wider family business advisers.