How can you navigate the complexities of transitioning a family business to the next generation?

Today on Money Is Emotional, Financial Dignity® Coach, Christine Luken, sits down with Financial Life Planner™ and host of Transition Talks: Business Exit & Retirement Strategies, Josh Ackerman, who shares invaluable insights on handling the financial and emotional aspects of passing a family business to the next generation. Learn why treating your children fairly doesn’t always mean treating them equally and discover the essential conversations to have early on.

Join Christine and Josh to hear real-life experiences about what goes into creating a seamless handover, maintaining family harmony, and planning for the future. 

Top takeaways include:

• Why Josh decided to join his father’s financial services firm, Context Financial
• The biggest and most common pitfall in business transitions
• Why treating your children fairly may not always mean treating them equally
• What business owners with young children should be thinking about 
• And more

Resources:

• The Wealthy Woman Book Club

Connect with Christine Luken: 

• Christine Luken, Financial Dignity® Coach 
• LinkedIn: 7 Pillars, LLC
• LinkedIn: Christine Luken
• Instagram: Christine Luken
• Facebook: Christine Luken
• TikTok: Christine Luken
• YouTube: Christine Luken
• Hello@ChristineLuken.com

Connect with Josh Ackerman:

• Context Financial
• josh@contextfinancial.com
• LinkedIn: Josh Ackerman
• Facebook: Context Financial, LLC
• Instagram: Context Financial
• YouTube: Context Financial

About Our Guest: 

Josh Ackerman, joined Context Financial in 2006 and became a Certified Financial Planner™ in 2009. Josh is a member of the Financial Planning Association, a national association that supports CFP® professionals, financial planners, academic leaders, students, and those who support the financial planning process. He is the host of Transition Talks: Business Exit & Retirement Strategies.

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