Dr. Tom Deans, an intergenerational wealth expert and bestselling author, discusses the fascinating world of intergenerational wealth, family business, and succession planning. He emphasizes the importance of selling the business to the next generation rather than gifting it, as it ensures that the children are truly capable and committed to running the business. Dr. Deans introduces the Willing Wisdom Index, a digital tool that helps business owners assess the gaps in their succession and estate plans. He also highlights the need for preparation and mentoring of the next generation and the potential benefits of bringing in outside leadership. The conversation concludes with a discussion on the challenges of managing non-family members in a family business.