As baby boomers begin passing down trillions in assets, advisers who specialize in navigating the process — and the emotions around it — have never been busier.
Doug Baumoel was in his 30s when his family went to war over the family business. His father, Joe, had founded Controlotron, an industrial products manufacturer in Long Island worth over $60 million. Baumoel was heir apparent.
But as succession quest… [2022 chars]
Source: The New York Times | Published: 2026-05-30T12:00:03Z
Credit: The New York Times
