[IMGCAP(1)]In my consulting activity the last few months of 2012, I saw the emerging symptoms of a new disorder in many family business owners: Post-Traumatic Gift Disorder, or PTGD.
This condition is prone to affect parents who have just completed, or are about to complete, significant gifts to the next generation, and who then, over the ensuing weeks, find themselves wondering if they made the right decisions. The condition might also be descriptive of accountants and attorneys who put important practice management projects on the backburner so that they could deal with their clients’ urgent gifting strategies. This article explores some of the antidotes to PTGD for professional advisors.
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