The Increasing Importance of Focusing on Both Sides of Competence for Family Owned Enterprises
Insight Patricia Annino · January 24, 2018
This article examines two sides of one issue – competency. Patricia Annino, Rimon Partner, shares her analysis of the challenges presented by either sustained or diminished competence in family owned companies and for providing practical steps to help family enterprises plan for these challenges. Read the full FFI article here.
“As Advisers, we have never been in the position of planning and touching so many generations at once. A significant and fundamentally important planning challenge is how to grapple with the concept of competence – both sustained competence and diminished competence.” – Patricia Annino
Patricia M. Annino is a partner in Rimon’s Trust and Estates Group. A nationally recognized authority on estate planning and taxation, Ms. Annino has more than 30 years of experience serving the diverse needs of families, individuals, and owners of closely held businesses. Access Patricia's full biography.