When it comes to passing down intergenerational wealth, many families tend to mistakenly narrow their focus on the logistics—how they will transfer their assets with strategies like trusts, gifts, life insurance, etc… But there is so much more to it than just the “how.” What about the “why”? Transferring generational wealth involves more than just […]
Safeguarding Family Values While Managing Generational Wealth Read More »
When you think about transitioning out of your family business, what do you envision? Is it the day you hand over the keys to your successor? Or maybe it’s the retirement party your loved ones will throw you, where you’re surrounded by friends and family. While we tend to associate the idea of “succession” with
Just recently, I had the sincere pleasure of being interviewed by The Prairie Family Business Association (PFBA) about lessons I learned growing up on a multigenerational family farm and how they helped shape what WillKate is today. Spoiler alert: It all goes back to my great-grandfather, Edward Kappenman, who immigrated from Germany and purchased farmland in north-central
Agatha Johnson Interviewed by Prairie Family Business Association Read More »
When Steve and Paulette Hohn of family business MDS Manufacturing started looking at life after the business that’s been central to their lives for 40 years, they knew they needed help to make a story out of the money. Spurred by a Prairie Family Business Association live case study in 2017, the Hohns worked with WillKate
When Enterprise and Family Needs Compete Read More »
As our lives and careers evolve, so too do our financial situations. This is especially true of physicians whose careers demand ongoing attention to more complex financial needs. Early in their careers, physicians tend to struggle with sizeable student debt while simultaneously trying to start a family or a practice, or both! At this stage,
5 Questions Mid-life Physicians Must Answer to Secure Their Financial Future Read More »
Discussion with Greg Lewis of Family Business Today Agatha Johnson, WillKate’s founder, joined Greg Lewis on his podcast Family Business Today to talk about how to build and sustain a family enterprise over generations. In this captivating interview, Aggie shares her own family’s experience along with the stories of families she and her team advise.
Cultivating a 100-year family enterprise Read More »
A tribute to Wilfred and Catherine Kappenman 2020 has been a year to take fresh look at your life, your family, your business(es), the legacy you want to create and think about what’s next. While you’re reading this on our newly minted WillKate website, we wouldn’t be here today without reflection on our story and
Honoring family values for generations to come Read More »