
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Manage and sustain generational wealth.
The advantages that come from inheriting wealth are undeniable. Best case scenario, it provides access to excellent education, safety, comfort, and financial stability. If handled incorrectly, however, such wealth can be detrimental to the inheritor's development, relationship with their benefactor, and the fortune itself. All too often, a child receives their parent's fortune without knowledge of how it was earned or appreciation for its value, and they fail to sustain the wealth for the following generations as a result.
While first generation wealth earners can't entirely control what will happen to their estate once it's in the hands of their successor's, their actions can be a positive influence to help ensure that the money becomes a force for good in the generations that follow. Second Generation Wealth identifies the best practices for properly preparing your children to inherit wealth, manage it responsibly while maintaining their self-worth, and foster a promising family legacy.
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Information
Table of contents
- Cover Page
- Title Page
- Copyright Page
- Contents
- Introduction: Raising Grounded Children in a World of Wealth
- Chapter 1: What Do You Want for Future Generations?
- Chapter 2: How Do You View Your Offspring?
- Chapter 3: Struggle: The Missing Piece
- Chapter 4: Teaching by Example
- Chapter 5: How and When to Talk about the Money
- Chapter 6: Timing, Tools, and a Self-Check Formula
- Chapter 7: In-Laws and Extended Family
- Chapter 8: The One Rule (Equal All the Way)
- Conclusion: Wealthy Parents, Wealthy Children. Maybe.
- About the Author