How does life look when your only surviving parent dies, especially one that used to live in the same house with you? No matter even if you are in your 30's or 40's.
All the while you have been thinking of yourself as an adult, as an independent person. And the day you find that you don't have any parents left you realize that you don't have a trusted person to discuss things with. You don't have a person who is immensely more disciplined than you are to slap some sense into your thick head when you are f*****g up.
An absolute anchor in your life is now no more there. Would people now see you as the head of the family? Are you the new Michael in the Corleone family who takes over confidently from Vito? Or do people see you as an ass who is certainly not good enough to fit into your parent's shoes?
While succession planning is a favorite subject in corporate houses, are we doing it in our houses? Are we doing what it takes to create 2nd line leaders in our families?
If you are a parent in your late 60's or 70's: can you list down a few points for succession planning?
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