Tagged: inheritance

Why Practice Generational Wealth Building?

When anyone talks about generational wealth, most people mean wealth that lasts for generations. Wealth made in one generations and kept in the family over time, like the Rockefellers or the Johnsons. But, there...

What to Do With the Family Compound?

Does your family have a place where everyone (including those distant cousins) gathers for summer vacation, holidays or weekends? If that place is not the primary residence of any one family member, you may...

The Myth of the Trust Fund Baby

The recession through which the world recently suffered has raised many questions on whether the rich deserve to be richer by far than the rest of the population. A new study (from oxfam.org) ,...

Death and Dying

Overcoming the Inheritance Taboo – How to Preserve Relationships and Transfer Possessions by Steven J. Hendlin, Ph. D. Death is not a popular family dinner conversation. Most people avoid discussing the death of a...

Life’s Little Frustrations

One of the problems with having a lot of money is that children of the wealthy do not have to overcome many of life’s challenges and frustrations. Wealthy kids may not tolerate frustration well....