He did this specifically, so his family would not gain control of the company after he passed away. The reason? Kamprad did not trust his family to continue Ikea’s charitable missions. As a result, his family will not inherit the company and the billions that it is worth.
Most family business owners want their families to inherit their businesses. However, that is not always the case.
An estate planning attorney can advise you on creating an estate plan that fits your unique circumstances and may include a family business.
