Next generation
Inheritance is a change of responsibility.
Capital that arrives from a parent rarely arrives with the decisions that built it. The new principal has the assets, and not the map.
Context
Younger members of India-connected families become signatories or owners while a business and a household still depend on the previous generation.
Approach
Start with what they are now responsible for. The questions after that are the same as for anyone else: purpose, cash, and where a shock would be felt.
Capabilities
- A first map of what has been received
- Decision rights, written plainly
- Cash needs of their own household
- What stays concentrated in the family company
- Enough context to sit in a family meeting
- A record they can add to
Relevant platform modules
- Portfolio Intelligence
- Reporting
- Liquidity
- Risk
- Research
- Tax & Fees
