Preparing your children for wealth inheritance isn’t just a transfer of financial assets; it’s the handing down of a legacy, values, and a way of life. It signifies the continuity of family traditions and the beginning of a new chapter for the next...
Transferring wealth to the next generation is a complex process that transcends numbers and legalities. It’s a delicate balance of imparting financial knowledge, instilling values, and preparing the younger generation for a responsibility that’s profound...
Navigating the complexities of a family business can be challenging. With the mingling of familial ties and professional responsibilities, finding the right balance is crucial. Over the years, I have worked with several UHNW family businesses and observed how the...
Building a prosperous family business can be an incredibly rewarding endeavor, but it can also present unique challenges. Combining familial dynamics with business pressures can sometimes strain relationships. In my experience guiding family businesses, I am sharing...
In my experience as a wealth psychologist, I have often noticed that when it comes to ultra-high-net-worth families, money tends to complicate rather than simplify relationships. It can become a source of stress, misunderstanding, and conflict. Therefore, the...
The Truman Capote era, when the wealthiest were separated from the merely rich by the quality of vegetables they served, now seems charmingly antique. However, in today’s world, markers and art of stealth wealth have transformed. They’re no longer overtly...
