{"podcast":{"title":"The Family Biz Show","slug":"the-family-biz-show-6510244","podcast_index_feed_id":6510244,"rss_url":"https://feeds.libsyn.com/276707/rss","website_url":"https://www.familybusinessflywheel.com/podcast","image_url":"https://static.libsyn.com/p/assets/3/7/a/e/37ae86cb6f3653ce/The-Family-Biz-Show-green-border.jpg","author":"Michael Palumbos","episode_count":132,"summary":"Join host Michael Palumbos and new guests every episode as they talk about everything from navigating family business transitions, wealth transition, business growth strategies, family conflict, leadership and team development and more. Don't forget to share your favorite episodes with others. Tag us with #thefamilybizshow! If you're a family business or a family business consultant and want to be on the show, share your story and help other family businesses, send us an email to producer@thefamilybizshow.com or visit us at The Family Biz Show | Family Business Podcast With Michael Palumbos (familywealthandlegacy.com) to fill out our web form! Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.","last_synced_at":"2026-07-06T06:19:46.952474+00:00","page_url":"https://stenobird.com/podcast/the-family-biz-show-6510244"},"episode":{"title":"Common Mistakes During Family Business Estate Planning | The Family Biz Show Ep. 128","slug":"common-mistakes-during-family-business-estate-planning-the-family-biz-show-ep-128","published_at":"2026-02-28T16:51:00+00:00","page_url":"https://stenobird.com/podcast/the-family-biz-show-6510244/common-mistakes-during-family-business-estate-planning-the-family-biz-show-ep-128","show_page_url":"https://stenobird.com/podcast/the-family-biz-show-6510244","url":"https://thefamilybizshow.libsyn.com/common-mistakes-during-family-business-estate-planning-the-family-biz-show-ep-128","audio_url":"https://traffic.libsyn.com/secure/thefamilybizshow/Ep-128-jim-grubman-full-audio.mp3?dest-id=2118167","summary":"What if the biggest threat to your family business legacy isn't taxes, markets, or competition… but the way your estate plan was designed? This episode challenges one of the most accepted beliefs in family wealth: that family businesses inevitably fail by the third generation. \"Why does it feel harder to talk about wealth with my kids than it does to build the business?\" \"How do I prepare the next generation without losing control?\" \"What if my estate plan is protecting the money… but hurting the family?\" \"Why do successful business leaders struggle with family transitions?\" This conversation gives you the answer. In this powerful discussion, wealth psychologist Jim Grubman joins Michael Palumbos to unpack the hidden mistakes many families make during estate planning and generational transition. Together, they explore how fear-based planning models often create rigidity, conflict, and emotional distance inside successful family enterprises. Rather than focusing only on protecting assets, Jim explains why families must learn to adapt, communicate, educate, and evolve if they want wealth and relationships to survive together across generations. Jim Grubman is an internationally recognized wealth psychologist, author of Strangers in Paradise , and co-author of Wealth 3.0 alongside Dennis Jaffe and Kristin Keffeler. He is one of the leading voices in the field of family wealth, generational transition, and family enterprise dynamics. At the center of this conversation is one transformational idea: Families do not succeed by freezing the past. They succeed by adapting to the future. The episode explores why many traditional assumptions around \"shirtsleeves to shirtsleeves\" and wealth failure are built more on stories than proven reality—and what successful families do diffe…","meta_description":"What if the biggest threat to your family business legacy isn't taxes, markets, or competition… but the way your estate plan was designed? This episode ch…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3123,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-family-biz-show-6510244/episodes/common-mistakes-during-family-business-estate-planning-the-family-biz-show-ep-128/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-family-biz-show-6510244/common-mistakes-during-family-business-estate-planning-the-family-biz-show-ep-128.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}