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Legacy Family The Definitive Guide to Creating a Successful Multigenerational Family

ISBN-10: 0230618928
ISBN-13: 9780230618923
Edition: 2009
List price: $44.00 Buy it from $21.20
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Description: Though statistics indicate that trillions of dollars will be transferred to the younger generation in the next 50 years, the recipients of that inherited wealth are unlikely to preserve and pass on their inheritance intact.The Legacy Family, written  More...

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Book details

List price: $44.00
Copyright year: 2009
Publisher: Palgrave Macmillan
Publication date: 1/13/2010
Binding: Hardcover
Pages: 206
Size: 6.50" wide x 9.50" long x 1.00" tall
Weight: 0.836
Language: English

Though statistics indicate that trillions of dollars will be transferred to the younger generation in the next 50 years, the recipients of that inherited wealth are unlikely to preserve and pass on their inheritance intact.The Legacy Family, written by two experts in the field, will provide readers with a roadmap for detailing how to leave family wealth and more importantly, legacy, intact. Readers will learn a variety of skills, form how to articulate a collective vision and aspiration for the future which can be embraced by all family members to how to create a process for future generations to help each member shape their own future while nourishing their close family bonds.

Foreword
Acknowledgment
Prologue
Introduction The Legacy Family
Roadmap to a Legacy Family
Family Constitution
Family Communications
The Family Meeting
Family Governance
Family Wealth Planning
The Family Bank
Family Shared Assets
The Family Foundation
Financial Competency and Life Skills Trainin
Family Business Succession
Managing Conflict
The Brain Trust
Taking the First Step
Appendix: Useful Tools
Family Strategic Planning Issues
Sample Family Constitution
Sample Family Meeting Agenda and Topics
Common Feeling Words
Family Conflicts in Wealth Planning-Issues and Triggers Checklist
Sample Family Shared Asset Agreement-Topical Outline of Key Provisions
Comparisons between Private Foundations and Donor Advised Funds
Ten Frequently Asked Questions Regarding Governance and Management
Financial Competency Checklist
Reference Books and Reading List
Index

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