Family Wealth–Keeping It in the Family: How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations
- ISBN13: 9781576601518
- Condition: New
- Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
Product DescriptionThis is a landmark book that changed the way exceptional families think about their heritage, their wealth and their legacy for future generations – now revised and expanded. Charles W. Collier, Senior Philanthropic Advisor at Harvard University, this comes as “a masterpiece. No one is more intelligent than Jay Hughes about the topics of family wealth and family.”. . . Read more>>
Tuesday, 27. July 2010 3:26
This book is useless except for dysfunctional families (who will not read it and would not take advice). Rating: 1 / 5
Tuesday, 27. July 2010 4:58
My broker recommends this book as an intro to estate planning. The book seems to be directed to the super-rich with large families. Not suitable for me or someone trying to learn about real estate planning Rating: 1 / 5
Tuesday, 27. July 2010 6:34
I have great respect for Hughes’ focus on the individual and his view that if people are not sufficiently prepared to inherit the money, the financial wealth will disappear. Throughout his book, he comes across as genuinely concerned about the welfare of each client, rather than seeing them as customers with big checkbooks. He talks about the importance of various relationships such as advisers, family and aunt, uncle, niece, nephew relation.Det shown in Hughes’ book that he is appalled at the way that some advisers strategy wealthy clients. They focus on building a structure like a trust without thinking about the people involved in this structure. Hughes points out that if people are not working well, the structure will crumble, and thus prosperity to disperse. Rating: 5 / 5
Tuesday, 27. July 2010 6:49
Jay Hughes’ words of wisdom are applicable to the mass of rich and very rich family. He makes a sound, values-based principles avoid the common phenomenon of “shirtsleeves to shirtsleeves in three generations of the family. I have read and re-read this book, and asked my three adult children to read it. I recommend it highly to anyone who wants to pass more than only their assets to future generations. Rating: 5 / 5
Tuesday, 27. July 2010 9:09
This book is somewhat dense sometimes written in archaic language so that it is not an easy read. The material inside is pretty well thought out, however, and provides a good structure to help wealthy families in solving the problems that come with wealth. . . unjustified children, lack of purpose, etc. The general idea of seeing a family resource, not only economically and socially but also intellectually and personally. . and figure out how to develop them is a useful framework. Instead of “shirtsleeves to shirtsleeves in three generations”, would you be more inclined to maintain the family’s resources if you followed any of the principles of this book. I did not give it 4 stars because of the stilted writing. Rating: 4 / 5