One of the topics that draws much interest is the subject of preparing our children to be responsible custodians of the family wealth. So, how do we ensure a smooth transition of wealth to the next generation? There are many concerns that parents and grandparents share in the management, understanding, and execution when transferring some [...]
The past 18 months have been filled with speaking and presenting in various forums around the globe on the psychology of Money and Wealth. During this time, the topic that was of main interest with the attendees revolved around the subject of preparing our children to be responsible custodians of the family wealth, family financial [...]
In virtually all families, assets will be transferred from one generation to the next. Yet when those assets carry significant monetary value, as is customary within wealthy families, inter-generational conflict can often arise and develop into a serious issue. Careful thought and expert insight can mitigate the risk of conflict, enabling wealth transfers to lead [...]
We all have a relationship with money whether we know it or not. This relationship determines how we think, speak and act about money. It also impacts relationships. We have all witnessed how relationships can be stressed and hurt when financial affairs are perceived by one side or the other to be unfair; how communication [...]
Client: “My husband and I both come from families of wealth and are lucky not having to had to work beyond managing the incomes our parents had created for us. In the five years we’ve been married we’ve traveled extensively, done philanthropic work – just this year, started a family. But there’s a threat to [...]