Everyday Legal Advice™

News/Blog

Firm News and Law Updates

The Family Intellectual Capital Plan

When it comes to preserving a family’s intellectual capital, most estate plans are lacking at best. In reality, passing this particular asset class on is invaluable to shaping future generations. An effective Family Intellectual Capital Plan (FICP) will establish the accumulation and dissemination process of family knowledge to all family members. In short, the FICP is an integral part of a comprehensive estate plan and is a large driver of collective family wealth across all generational horizons. Don’t’ have a FICP as part of your estate plan or you don’t currently have an estate plan? Contact The Skeen Firm today!