Tag: #generationalshift
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Estate Planning Tips to Avoid Spoiling Your Children
As a wealthy investor, the question of how much money to leave your children without spoiling them is likely one that weighs heavily on your mind. While some might consider this a nice problem to have, it’s still a problem that needs to be addressed thoughtfully and carefully. This blog post explores some tips for…
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Your Family Foundation Must have a Succession Plan
Having plans for the succession of your family foundation in place before they’re needed is critical if you want to avoid legal disputes, conflict between family members, and ending the good works your foundation supports. In this blog post, we’ll explore the importance of creating a succession plan and the key benefits to consider. Strengthening…
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5 Challenges Inheritors Face (and how to overcome them)
When working class entrepreneurs become wealthy, they bring a perspective about wealth much different from those who inherit it. Wealthy inheritors face unique challenges that require distinct approaches to wealth management. This post describes 5 challenges wealthy inheritors face and how to overcome them: Financial Awareness Lifestyle Management Stewardship Self Esteem Trust in Relationships Financial…
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5 Threats Wealthy Investors Face and How to Overcome Them
Wealthy investors have many of the same fears as everyone else, the stakes are just higher when you’re rich. This post describes five common threats wealthy investors face and how to combat them. Cybersecurity We live in a world of many passwords and we share information with our professional advisors and bankers through e-mail and…
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Not Just Money
This post will explain why your financial legacy is more than just dollars and cents and outline how you can cement your legacy with a wealth management process.