Family Business News Briefs A collection of family business related articles from the leading business publications

August

Boston Bruins Owner Jeremy Jacobs Works for Peanuts
"Granted, Jacobs has turned peanuts into a privately held, family-owned, multi-layered business that owns the National Hockey League's Boston Bruins and exceeds $2 billion in annual revenue. But, at its core, Delaware North Companies sells peanuts."

America's Oldest Family Farm for Sale
The 11th generation is the end of the legacy for this family farm. Wisely, Will Tuttle is not going to burden his two sons with the pressure of continuing the family business in a tough climate for family farms.

Partnerships May Aid Your Estate, but the I.R.S. Is Watching
Family limited partnerships are primarily used to reduce the size of an estate for tax purposes. New IRS scrutiny should cause you to take a closer look.
When Family Business Successions Fail
Sometimes we learn more from our mistakes than our successes. These succession plan failures help us to learn how not to do it.

In Sports, Managing the Team Is Often a Family Affair
With the recent passing of George Steinbrenner of the New York Yankees dynasty, we realize that families in sports business are a whole different ball game.
A Lawyer Isn't Always the Best Fix For Problems
To resolve family conflicts and disputes, there are other things you can try before going outside to hire the services of a lawyer.