When the Business Owner Is the Legacy: What Happens When the Plan Dies With Them?

In this episode of The Family Wealth Blueprint, Penny shares the cautionary story of the Millers—a family who lost more than a loved one when their business-owning patriarch passed away. 

Without clear succession planning, governance, or communication, their family and business were left scrambling.

Penny explores what went wrong, why human and intellectual capital are just as vital as financial capital, and how proactive, holistic planning can prevent this from happening to your family.

Disclaimer: The story and characters described in this episode are fictitious and created for illustrative purposes only. Any resemblance to actual persons, families, or events is purely coincidental.

🎧 A must-listen for business owners, successors, and the professionals who serve them.

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Hosted by Penny Di Giovanna, CFP®, CDFA®
Founder of Financial Planning By Design | Multi-Gen Family Planning - Boutique Virtual Family Office

🔗 Learn more: www.financialplanningbydesign.com
📩 Questions or topic suggestions?

Email: penny@financialplanningbydesign.com

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Podcast Disclaimer:

This podcast is for informational and educational purposes only and is not intended as investment, legal, or tax advice. Opinions expressed are those of Penny Di Giovanna and do not constitute a recommendation to take any particular action. Financial Planning By Design is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Penny and the firm are properly licensed or exempt from licensure. All investments involve risk, and past performance is not indicative of future results. Consult your financial, legal, or tax advisor before making any decisions.