Denise Ilitch, an Integral Part of Detroit’s Business and Philanthropic Communities for Over 40 Years as a Dedicated Business Leader, a Devoted Community Servant, a Supporter of Many Charitable Causes, and a Tireless Advocate for Women and Children, Discusses the Complexities and Benefits of Having a Family Office
Family Office World
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Navigating Family Office Dynamics
This chapter explores the development and challenges of a family office, focusing on its evolution following the loss of a key family member. It emphasizes the critical roles of transparency, communication, and shared values in managing family dynamics and fostering engagement among members. The discussion also highlights the complexities of transitioning leadership and incorporating external professional services while maintaining the identity and interests of the family.
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