This book, authored by three-time National Book Award winner Jim V. Lopez, helps unveil the answers to the nagging conundrum: Why do most family businesses experience a meltdown once they reach the third generation?

Family Business Law Declassified: How to Beat the Third-Generation Curse reveals numerous traps that cause family businesses to falter and eventually sink into the cesspool of irrelevance and insolvency. It also offers best practices and countervailing measures to cushion the impact of the “Buddenbrooks Phenomenon,” thus helping family businesses transcend the obstacles associated with the third generation.