SunStar
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January 11, 2021
Despite all the patriarch or matriarch initiated-gatherings, no family is immune to the dangers of handing ownership to the next generation solely by blood alone. Nor is it a guarantee that there will be sibling harmony based on the children’s regular Sunday brunch with their parents. As a family governance advisor doing the rounds in Asia for the past decade, I still get a front row seat when offspring relationships erupt into a bitter fight immediately after the death or incapacity of the key business leader with the added flavor of lawyers fanning the flames in disputes over poorly and hastily crafted succession arrangements.