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4 Key Questions About Family Wealth

When I work with families with higher net worth, they often ask the same questions about how to handle their wealth. Their questions generally cover the following 4 key areas:

  1. If I pass on wealth to my family, how will it affect them?
  2. How will my family manage the affairs of my estate and any ongoing management issues?
  3. Should I tell my children how much money I have in my estate?
  4. How should I treat the in-laws—should I treat them as equals or should I have a contingency plan for divorce?

As a point of discussion, let’s take question three: do you believe you should tell your children about how much is in your estate? If your answer is yes, two further questions follow: when should you tell them, and how specific should you be?

Send your responses to me at

About Bill High

Bill is CEO of the National Christian Foundation Heartland. He works with families, individual givers, and financial advisers to share the foundation’s message regarding biblical generosity and charitable giving. He is the co-author with David Green of Giving It All Away and Getting It All Back Again: The Way of Living Generously: » Learn More

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