Don’t Leave the Fate of Your Family Business to Chance

My Business
Family Business Owner standing proudly at the entrance to his store

When it comes to managing a successful family business, the head of the family is often reluctant to share control and involve other family members in the process. Perhaps it’s a matter of pride, control, or a combination of factors, but the scenario is common among modern day family business owners.

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Endowments & Foundations Update: Key 2022 Trends

Walter J. Dillingham Jr., CFA |
Corporate & Institutional

 This update summarizes key trends we’re tracking as we continue to focus on the endowment, foundation, and nonprofit marketplace. The Wilmington Trust Endowments and Foundations team categorized them into investment and fundraising trends, since these are the two key ways to grow endowment funds. With the pandemic essentially behind us, many nonprofits are now assessing their endowment strategies, fundraising goals, and strategic plans in light of recent geopolitical turmoil.

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How to Help Professional Athletes Make Their Money Last When They Retire

Sharon L. Klein |
Wealth Planning
Irresistible in attack. Multi sports collage about basketball, American football players and fit running woman. Conceptual photo with running athletes in motion or movement at stadium with sand, smoke

This article was published in the July 23, 2021 issue of MarketWatch. In it, Sharon Klein shares her insights on why many professional football players, and athletes in general, don’t enjoy the long-term financial stability of their dreams. While athletes are making more money than ever, they can be financially vulnerable, potentially depriving them of a secure, long-term financial future.

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