A recent study shows many RIA firms are concerened about succession. What if giving away a percentage of the firm offered a way to move toward succession?
American Ideas About Family Shift Dramatically
The idea of family in America is changing. Or, rather, it has changed. Americans hold a rapidly shifting patchwork of views toward marriage and children.
The Purpose of Family: Training the Next Generation For Good
What’s the purpose of family? I ask that question of the families that I work with. I get some good answers, but there’s a big idea we need to rediscover.
7 Great Quotes on Leaving a Legacy
I’ve always said that the power of a person’s life is the stories they leave behind. When a loved one dies, we tend to think about their legacy, about the meaning of their lives. When my mother-in-law Sue passed away, her memorial service was a time to reflect upon her life and all the lives she touched. Thinking of legacy …
Have You Considered the Freedom Legacy?
As critical as we might be of our country’s legacy of freedom, we still must fight for and improve it, and we must guard against oppression.
Ministry Overhead: Funding the Engine for Growth
It’s time for a fresh look at funding for ministry overhead. Recently, I got an email from Ministry Watch listing the top international evangelistic ministries. The list included Wycliffe Bible Translators, Mission to the World, Pioneers, Ethnos360, SIM USA, World Help, TEAM, etc. Their revenues were listed from $200 million to $40 million, respectively. Sometimes people see those big numbers …
Does Raising the Estate Tax Make Sense?
It’s an easy fallback position: tax the rich—they have money to spare. With the huge U.S. wealth transfer underway, some call for raising the estate tax.
Leave a Legacy or Live a Legacy?
Leave a legacy. I’ve been wondering if we need a new phrase. Perhaps we should seek to “live a legacy.”
Take Stock of Your Progress in Forming Family Legacy
There are few tests to measure family health, let alone family legacy. So I’ve made my first attempt at creating a family legacy assessment. It’s online now.
What’s My Calling? A Call to Everyday Faithfulness
We use the word “calling” to refer to our destiny in life, our “sweet spot,” “our highest and best use.” I sometimes get notes, particularly from younger people, asking to talk about their calling. And I wonder if we are making too much of it? I got an email from a fellow board member. He remarked on my work in putting …