8+ hour, 51+ min ago  (582+ words) One of the most widely cited challenges in family wealth is how quickly it can dissipate. "Almost 70% of wealthy families lose significant wealth when it passes to the second generation," Nikhil Mudbhatkal said. "That number increases to nearly 90% by the…...

5+ mon, 2+ week ago  (399+ words) The ongoing rift at Tata Trusts that prompted the government to intervene earlier this month highlights just how powerful'and complex'these legal structures can be. But it's not just the Tatas that rely on this structure. Many family businesses and high…...