HAMILTON, Bermuda, Feb 12 (Bernama) -- Veritage International has released a new research report that examines key hidden risks facing business families around the world. Missing Link in Family Business Transitions: How Emotional Disconnection Threatens Family Legacy report identifies a major disconnect between founders/current owners and the next generation on how to prepare for future ownership and wealth transitions, driven by gaps in communication and alignment.
The research summarizes patterns in preparing both generations, concerns about letting go and taking over, and unaddressed emotional challenges in families of wealth. It notes that success involves wellbeing, unity, and a long‑term shared vision, with the family and its wealth vision needing to support each other through clear vision, safe dialogue, and investment in relationships.
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