by matt | Oct 19, 2023 | Blog, generational wealth transfer, next gen wealth transfer
The passing down of generational wealth is about more than just numbers on a balance sheet or assets in a portfolio. It’s about legacy, values, and the continuation of family traditions. While financial planning lays the groundwork for transferring tangible...
by matt | Oct 6, 2023 | Blog, next gen wealth transfer, wealth transfer, Wealth transfer and family conflict
The inheritance of wealth goes beyond the mere transfer of financial assets. It’s a legacy that carries the family’s values, traditions, and commitments to the next generation. This process can be both exciting and challenging, requiring a thoughtful and...
by toma | Aug 17, 2023 | Affluenza, Blog, effects of wealth, generational wealth transfer, Next Gen Coaching and Preparation, next gen wealth transfer
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...
by toma | Aug 1, 2023 | Media, next gen wealth transfer, non financial well being, personal wealth
In my many years as working with to Ultra High Net Worth Individuals (UHNWIs) and families focusing on the psychology of wealth, I’ve come to observe some intriguing trends. Not least of these is the emergence of a phenomenon of ‘stealth wealth.’...
by toma | Jul 13, 2023 | Affluenza, Blog, family wealth conflict resolution, Next Gen Coaching and Preparation, next gen wealth transfer
Wealth transfer is a critical process for ultra-high-net-worth (UHNW) individuals, shaping not just their legacy but also the financial future of their heirs. However, wealth transfer can be fraught with complexity and requires meticulous planning to avoid common...
by toma | Jul 13, 2023 | Blog, next gen wealth transfer, non financial well being, relationship with Money, The Psychology of Wealth Psychology, Wealth transfer and family conflict
Living harmoniously as a multi-generational family comes with its share of challenges, yet, when approached wisely, it can be a deeply rewarding experience. As a wealth psychologist, I have worked extensively with multi-generational families and have seen firsthand...