The Dilemmas of Family Wealth: Insights on Succession, Cohesion, and Legacy
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About the Contributors.
Part One: Transitions and Letting Go.
1 Succession and Letting Go of a Business.
Dilemma: It’s time to plan for succession, but I don’t
know how to let go of the business.
2 Keeping Future Generations Connected.
Dilemma: I sold my business at the right time and have more than enough to take care of my family, but I feel alone and uncomfortable in my new position of wealth. What do I do with my time, and how do I preserve a connection with the family wealth in subsequent generations?
3 Future Wealth Generators.
Dilemma: As the family grows, the original fortune is not enough to support everyone. How can I support and encourage future wealth generators to add to the family coffers?
Part Two: Retaining Family Cohesiveness.
4 Keeping the Family Together.
Dilemma: I want the wealth to enhance our dreams, but don’t want it to be the only reason we stay together.
5 Integrating New Family Members.
Dilemma: As new members come into the clan through marriage, how do I level the playing field if one partner is less wealthy, and what value do certain structures like prenuptial agreements offer me?
Part Three: Preparing Heirs.
6 Preparing Children and Grandchildren.
Dilemma: I need to prepare my children and grandchildren for the responsibility of wealth, but I’m afraid that if they know too much, it will destroy any initiative to earn a living. How do I communicate this concern?
7 Fairness in Estate Planning.
Dilemma: I plan to be fair to my children, but if I leave them unequal amounts of money, am I setting up a future battleground?
8 Strategic Philanthropy.
Dilemma: I want to give some of my wealth back to society, but how can I do it without my children thinking I’ve given away their inheritance, and in a manner that will reflect our values and enhance the family legacy?
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The Dilemmas of Family Wealth: Insights on Succession, Cohesion, and Legacy (US $39.95)
Total List Price: US $74.90
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