Succession Planning 
for Modern Enterprising Families

Succession is the defining challenge of multi-generational families. For UHNW families and family enterprises, the question is not simply “Who takes over?” but “How do we ensure the next generation can lead, govern, and preserve our legacy?”

Research consistently shows that over 70% of families lose control of wealth or unity during succession, not because of tax systems or investment decisions, but due to: unprepared heirs, unclear leadership criteria, lack of communication, absence of structured governance, failure to transition gradually.

A robust succession plan transforms leadership change from a moment of risk into an opportunity for renewal.

This guide outlines a step-by-step approach to designing succession pathways that prepare G2, G3, and beyond for stewardship across business, wealth, and family governance.