{"product_id":"the-dilemmas-of-family-wealth-insights-on-succession-cohesion-and-legacy-hardback-9781576601907","title":"The Dilemmas of Family Wealth; Insights on Succession, Cohesion, and Legacy (Hardback) 9781576601907","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Dilemmas of Family Wealth\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eInsights on Succession, Cohesion, and Legacy\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e“When the mountains of unread books on investing and estate planning are weighed against \u003ci\u003eThe Dilemmas of Family Wealth,\u003c\/i\u003e many will elect to keep this book on the bedside table. \u003cb\u003eInstead of teaching how to calculate P\/E ratios or ROI, these twenty-three wise practitioners share their insights in ways that encourage action—not calculations!\u003c\/b\u003e Wealthy baby boomers, who have been frustrated by so many other how-to books, should rush to purchase this terrific compendium.”\u003cbr\u003e      — Charlotte B. Beyer\u003cbr\u003e          CEO, Institute for Private Investors\u003cbr\u003e \u003cbr\u003e “Most families aspire to use wealth purposefully and to raise children as thoughtful stewards of their inheritance. But such aspirations are often thwarted for lack of the kind of sound guidance that Judy Martel offers in \u003ci\u003eThe Dilemmas of Family Wealth.\u003c\/i\u003e \u003cb\u003eThe value of this very effective book lies in the stories that illuminate the complexity of wealth—and how to deal with it in the context of the family system.\u003c\/b\u003e Martel’s book is both specific and provocative. Families would be wise to buy multiple copies and read the book together, chapter by chapter!”\u003cbr\u003e      — Joline Godfrey\u003cbr\u003e          CEO, Independent Means Inc.\u003cbr\u003e          Author, \u003ci\u003eRaising Financially Fit Kids\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e “Wealthy baby boomers have many individual advisers, but they desperately need some guidance on how to work together as a family to create the best possible future for themselves and their investments. \u003cb\u003eThis is a great guide to all facets of the personal side of wealth planning.\u003c\/b\u003e”\u003cbr\u003e      — Dennis Jaffe\u003cbr\u003e          Professor, Saybrook Graduate School\u003cbr\u003e          Executive Director, Family Enterprise Center\u003cbr\u003e          San Francisco State University\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJudy Martel (Author), James E. Hughes, Jr. (Foreword by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781576601907, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 1 February 2006\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e248 pages\u003cbr\u003e21.8 x 14.7 x 2.5 cm, 0.435 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eFew families are able to pass along their wealth successfully to the next generation. The barriers to keeping money in the family are much more formidable than the barriers to making money in the first place. Why should this be? What pitfalls are most common? How can families and their advisers increase the odds of a successful intergenerational transfer of wealth? How can they preserve the family’s human and intellectual capital?\u003cbr\u003e \u003cbr\u003e Judy Martel, CFP®, provides insightful answers to these questions and dozens more in this richly detailed book. \u003ci\u003eThe Dilemmas of Family Wealth\u003c\/i\u003e takes a fresh look at the communications barriers, misunderstandings, and generational conflicts that can pull families apart and scatter their wealth in far less time than it took to build it. Martel identifies the dilemmas that families are likely to face and offers wise counsel for overcoming the challenges they pose. Her book includes advice and perspectives from top experts in the field and frank first-person experiences related by family members with whom they have worked.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003ci\u003eForeword.\u003c\/i\u003e\u003cbr\u003e \u003ci\u003eIntroduction.\u003c\/i\u003e\u003cbr\u003e \u003ci\u003eAbout the Contributors.\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003e\u003cb\u003ePart One: Transitions and Letting Go.\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eIntroduction.\u003c\/i\u003e\u003cbr\u003e \u003cbr\u003e 1     Succession and Letting Go of a Business.\u003cbr\u003e \u003ci\u003eDilemma: It’s time to plan for succession, but I don’t\u003cbr\u003e know how to let go of the business.\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 2     Keeping Future Generations Connected.\u003cbr\u003e \u003ci\u003eDilemma: 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?\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 3     Future Wealth Generators.\u003cbr\u003e \u003ci\u003eDilemma: 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?\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003e\u003cb\u003ePart Two: Retaining Family Cohesiveness.\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eIntroduction.    \u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 4     Keeping the Family Together.\u003cbr\u003e \u003ci\u003eDilemma: I want the wealth to enhance our dreams, but don’t want it to be the only reason we stay together.\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 5     Integrating New Family Members.\u003cbr\u003e \u003ci\u003eDilemma: 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?\u003cbr\u003e \u003cbr\u003e \u003c\/i\u003e\u003cb\u003ePart Three: Preparing Heirs.\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eIntroduction.  \u003c\/i\u003e\u003cbr\u003e \u003ci\u003e\u003cbr\u003e \u003c\/i\u003e6     Preparing Children and Grandchildren.\u003cbr\u003e \u003ci\u003eDilemma: 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?\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 7     Fairness in Estate Planning.\u003cbr\u003e \u003ci\u003eDilemma: I plan to be fair to my children, but if I leave them unequal amounts of money, am I setting up a future battleground?\u003cbr\u003e \u003c\/i\u003e\u003cbr\u003e 8     Strategic Philanthropy.\u003cbr\u003e \u003ci\u003eDilemma: 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?\u003c\/i\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Bloomberg Press","offers":[{"title":"Brand New","offer_id":52173716914456,"sku":"9781576601907","price":27.37,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781576601907_249332.jpg?v=1781168103","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-dilemmas-of-family-wealth-insights-on-succession-cohesion-and-legacy-hardback-9781576601907","provider":"Freshly Printed Books","version":"1.0","type":"link"}