Episode

How Families Can Reduce Legacy Risk Beyond Money | The Family Biz Show Ep. 121

Podcast
The Family Biz Show
Published
Nov 6, 2025
Duration seconds
2775
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https://thefamilybizshow.libsyn.com/how-to-turn-family-wealth-into-legacy-using-shared-values-structure-the-family-biz-show-ep-121
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Summary

Most families think protecting wealth is enough. But what if the real risk to your legacy has nothing to do with money? What if the biggest threat is silence, lack of preparation, or disconnected generations? "I don't know how to involve my kids in these conversations." "What if our family relationships change after wealth transfer?" "How do we prepare the next generation without creating entitlement?" "Why do so many successful families still fall apart?" This conversation gives you the answer. In this episode of the Family Business Flywheel Podcast, Michael Palumbos sits down with Shawn Barberis, founder of More Than Money 360, to explore how families can reduce legacy risk beyond money. Too often, families focus exclusively on protecting financial assets while overlooking the relationships, communication, and leadership preparation required for long-term continuity. Shawn explains why successful multi-generational families intentionally prepare people — not just portfolios — and how family communication directly impacts wealth preservation, governance, and legacy outcomes. Drawing from nearly two decades of experience facilitating family meetings and advising affluent families, Shawn shares why rising generations frequently feel excluded from important conversations and how that disconnect creates long-term risks for both family harmony and business continuity. Shawn Barberis is the founder of More Than Money 360 and a recognized leader in the growing "FamTech" movement — technology designed to strengthen family communication, governance, and engagement across generations. With a background as an attorney and family advisor, Shawn has helped families and advisors create systems that support healthier multi-generational relationships and more intentional legacy plann…