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Passing the Torch: Preserving Family Wealth Beyond the Third Generation

Passing the Torch: Preserving Family Wealth Beyond the Third Generation

Ilze Alberts

ISBN: 978-1-119-48646-6

Apr 2018

208 pages

Description

Sustain and grow your family’s capital throughout generations

Families need to have vision and foresight to sustain the family’s capital throughout generations. Unfortunately, many of them build wealth effectively but find, near the end of their lives, that it has little sustainability to prepare the next generations that will be the beneficiaries of their hard work.

Passing the Torch teaches high net-worth families how to foster a strong family dynamic to be truly generational. Inside, first-generation wealth creators will learn how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. Subsequent generations will learn how to receive the torch, sustain and grow the family’s capital and pass the torch to the next generation.

•    Discover the importance of emotional intelligence

•    Learn to view generational wealth from a behavioral lens

•    Transcend financial instruction to find a sense of purpose and direction

•    Map out your family’s legacy

Whether you’re consulting an advisor or taking matters into your own hands, this is the essential reference you need to sustain wealth for generations to come.

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Foreword

Preface

My Story

True Family Wealth

Why Are You Reading This Book

Chapter 1: What You Perceive Is Missing Drives You

Perceiving a Lack of Money and What That Can Ignite

The Power of Knowing What’s Most Important to You

Live Your Destiny and Leave Your Mark in Life

Chapter 2: The Wealth Creator Extraordinaire

Live with a Vision and a Mission

Vision, Mission, Dream, and Legacy—Build Your Powerful Family

Chapter 3: The Genius of the Wealth Creator Extraordinaire

Traits of a Mentally Empowered and Intelligent Person

Chapter 4: The Wealth Creator Extraordinaire as a Business Leader

Unlocking the Leader Inside

How to Be a Great Businessperson

Chapter 5: The Wealth Creator Extraordinaire as a Money Manager

Chapter 6: The Wealth Creator Extraordinaire as a Family Leader

How to Build Powerful and Strong Family Relationships

Seven Keys to a Successful Marriage

Traits of a Family Leader

Chapter 7: The Wealth Creator Extraordinaire as a Social Leader

Shaping Your Legacy

Philanthropy, a Thinking Man’s Gift to the World

Chapter 8: The Wealth Creator Extraordinaire as a Health and Vitality Leader

Healthy Eating and Drinking Habits

The Value of Exercise and Body Movement

The Value of Breathing

The Value of Rest and Restoration

The Body-Mind Connection

Is Gratitude the Key to Unlocking Happiness?

Chapter 9: A Conversation with Dr. John Demartini

Chapter 10: Principles of the Demartini Method, Based on Universal Laws and Truths

Chapter 11: A Conversation with James E. Hughes, Author of Family Wealth

Chapter 12: My Letter of Wishes for You

Afterword

Index