Tag: Legacy Planning
Family Business Succession: Balancing Legacy and Relationships (Ep. 72)

Family Business Succession: Balancing Legacy and Relationships (Ep. 72)

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What happens when a family business faces the question of “what’s next”? 

In this conversation, Nicole Romito sits down with Justin Albertson, Vice President of Client Services at The Family Business Consulting Group, to unpack the delicate balance of transitioning a business while preserving family relationships.

Together, they explore why the family side of succession is often more complex than the legal or financial mechanics, and how thoughtful conversations can create alignment across generations. Justin shares real-world examples from successful transitions to tough moments of misalignment, highlighting the importance of open dialogue, clear expectations, and independent third-party guidance.

What to expect in this episode:

  • How to start the right conversations around succession and ownership
  • Why alignment on family values and expectations matters as much as legal documents
  • Lessons from families who navigated transition well and those who struggled
  • The role of a “family constitution” in creating clarity across generations

Connect with Nicole Romito: 

Connect with Justin Albertson:

 About Our Guest:

Justin Albertson is the Vice President of Client Services at The Family Business Consulting Group. With more than 20 years of experience in assessment, organizational effectiveness, leadership development, and executive coaching, he partners with families to strengthen relationships and create strategies that align business success with family vision.

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How to Prepare for the Death of a Loved One With Carrie Shoener (Ep. 46)

How to Prepare for the Death of a Loved One With Carrie Shoener (Ep. 46)

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Reflecting on the loss of a loved one is an agonizing journey nobody willingly embarks on.

Yet, those who take proactive steps to brace themselves for such an inevitable occurrence are often spared the crippling weight of financial burden and the relentless onslaught of emotional upheaval in the aftermath.

Join Nicole Romito as she welcomes her esteemed colleague, Carrie Shoener, to discuss the critical but often overlooked topic of preparing for the death of a loved one. Despite the difficulty, it is essential to have these conversations to ensure that everything is in order and wishes are understood. 

Learn key steps and best practices as Nicole and Carrie discuss:

  • How to approach the end-of-life conversation with your loved ones
  • Strategies for ensuring family members have access to essential documents and passwords
  • The importance of having updated financial and estate planning documents 
  • Tips for sharing sensitive topics with family members to avoid future conflicts
  • And more

Resources:

Connect with Nicole Romito: 

Connect with Carrie Shoener:

About Our Guest: 

Carrie Shoener is an advisor at Private Vista LLC. Her previous work as a high school teacher emphasized how important it is to build strong relationships as the cornerstone of one’s career. That same principle guides her work as an advisor, where she is able to continue helping people solve problems and make empowered decisions about their futures. Carrie sees her role as a trusted and empathetic source of financial education, and she enjoys working with clients to build up their knowledge and understanding of their options.

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