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Tools for Creating a Multi-Gen Family Legacy

Dec 10, 2025
1 min read

In multigenerational families, meaningful involvement doesn't begin with titles or shares. It begins with trust, conversation, and connection.


This webinar, led by Elizabeth Ledoux and Andrea Carpenter of The Transition Strategists and hosted in partnership with Loyola University Chicago's Family Business Center, explores practical frameworks for bringing the next generation into your family's future, without building in a vacuum, without creating chaos, and without waiting until you have all the answers.


You'll learn

  • The Two Communities Framework: how to be inclusive as a family while being selective about business involvement

  • How to start the conversation without creating panic or resentment

  • Tools for co-creating a shared vision across generations

  • Why early involvement builds capability and confidence (not entitlement)

  • The Compass: six questions that guide decisions when life doesn't cooperate

  • How to build flexible timelines that give everyone clarity without locking you into rigid plans


From listening sessions to shared decision-making, gain practical strategies for inviting the rising generation into deeper engagement and strengthening the foundation for lasting family unity and legacy.


About the Speakers

Elizabeth Ledoux is a petroleum engineer turned entrepreneur and speaker with more than 30 years of experience guiding business transitions. As Founder and Head Strategist of The Transition Strategists, she helps family and private companies achieve smooth successions and growth. A thought leader and award-winning author, she emphasizes values, fulfillment, and sustainable leadership.


As President of The Transition Strategists, Andrea Carpenter guides multi-generational families through complex succession planning. Drawing on her experience as both a successor and advisor, she fosters psychologically safe environments that balance legacy and innovation, using human-centered design and facilitation to turn transitions into opportunities for connection and growth.


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