Wealth creation invariably thrives on the bedrock of entrepreneurship. Most fruitful ventures endure a typical business life cycle beginning with the start-up phase of teething realities, followed by rapid growth leading to peak performance, and culminating into the last leg of maturity when "monetisation" event not only marks the end of the "wealth creation" voyage, it also causes an abrupt influx of big money that has the exiting entrepreneur lock horns with the formidable challenge of "wealth preservation." Seamlessly managing the transition - from wealth creation to wealth conservation -…

"No burden is so heavy for a man to bear as a succession of happy days." With rising prosperity and increasing asset pool possessed by nuclear families spreading across geographies, the need for proper planning of estate is the need of the hour. The goal of estate planning is ensuring that the estate of the individual passes to the estate owner's intended beneficiaries so as to avoid delays and minimize court proceedings in succession matters. We have witnessed a few sad and ironical business family splits in India, to preserve their wealth and legacy, family businesses should take…