In this episode of Motley Fool Answers, Alison and Robert welcome a special guest to the show — Douglas McCormick, author of Family, Inc.: Using Business Principles to Maximize Your Family’s Wealth.
Tune in to find out why he believes every family is inherently a business that requires asset management, why entrepreneurship can often be the best way to maximizing wealth, and why every family should have a CFO to stay on top of its progress and goals.
A full transcript follows the video.