Kids Wealth and Consequences – Ensuring a Respons ible Financial Future for the Next Generation

Ensuring a Responsible Financial Future for the Next Generation

Gebonden Engels 2010 9781576603482
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Leaving children with a substantial amount of money can be a boon or a burden. High–net–worth parents need to give their children an education to navigate today s complex world. The question becomes how to raise children with a sense of reality and balance, imparting a strong work ethic, and making them good stewards of their wealth.

Kids, Wealth, and Consequences enlightens high–net–worth parents about the unique issues they need to explore. The book addresses the hard financial issues, such as investing and estate planning, as well as the soft emotional issues relating to values, family, and communication. Morris and Pearl detail strategies and techniques to help parents raise children who appreciate and know how to manage the wealth they inherit.

Richard Morris spent many years working for his family′s multimillion dollar business, and learned firsthand the challenges of business ownership and family wealth.

Jayne Pearl is an experienced journalist who writes about families, family businesses, and money.

Specificaties

ISBN13:9781576603482
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:288
Serie:Bloomberg

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Inhoudsopgave

Foreword (
James E. Hughes Jr.)
<p>Acknowledgments.</p>
<p>Introduction.</p>
<p>SECTION I: Financial Choices.</p>
<p>1 Calculating Your Family′s Future.</p>
<p>2 To Trust and How to Trust.</p>
<p>3 Portfolio Management.</p>
<p>SECTION II: Intellectual Choices.</p>
<p>4 Financial Literacy.</p>
<p>5 Skills and Experience.</p>
<p>6 Goals and Purpose.</p>
<p>SECTION III: Spiritual/Emotional Choices.</p>
<p>7 Success and Happiness.</p>
<p>8 Communication.</p>
<p>9 Navigating the High Net Worth Environment.</p>
<p>SECTION IV: Integrating Your Choices.</p>
<p>10 The Family Glue.</p>
<p>11 Pulling It Together.</p>
<p>Appendixes.</p>
<p>Index.</p>

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        Kids Wealth and Consequences – Ensuring a Respons ible Financial Future for the Next Generation