PT - JOURNAL ARTICLE AU - Anthony K McEahern AU - Scott A Winget TI - An Overview of the Family Investment Enterprise: <em>What Is the FIE, Why Use the FIE, and How Is the FIE Created and Implemented for a Family Considering Its Use?</em> AID - 10.3905/jwm.2009.12.3.020 DP - 2009 Oct 31 TA - The Journal of Wealth Management PG - 20--38 VI - 12 IP - 3 4099 - https://pm-research.com/content/12/3/20.short 4100 - https://pm-research.com/content/12/3/20.full AB - A key question that impacts a family’s future when selling the amily business is simply, “As a family, do we continue to pool our sale proceeds and thereby continue as a Family Investment Enterprise (FIE) or, as individuals, do we separate our sale proceeds among family members and end our family business?” This article is meant to serve as a journey for the family of the issues to consider and the benefits and burdens to weigh when deciding whether to continue the family business by implementing the FIE. It serves as the family’s road map, or guidebook, to use in conjunction with the services of appropriate professional advisor(s) when deciding whether to pool liquid proceeds following the sale of the family business (i.e., whether to utilize the FIE).TOPIC: Wealth management