Family Wealth

A business owner told me he was about to create multimillion-dollar trusts for his kids. I asked him to reconsider his plan.

When we think about wealth, we usually think of financial wealth. But I submit that family wealth includes an additional range of…

Guest Post: Richard Orlando, Ph.D., writes about a recent survey on how much money it takes to be “wealthy,” and points to…

It’s hard to overstate how important family-owned businesses are to the U.S. economy. According to statistics collected by the Conway Center for…

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…

It’s one of the most common questions I get: How much should I leave my children? Should the inheritance be split equally…

Too often estate plans ignore the human side of what takes place after a death in the family, leading to family discord…

Financial advisors and the philanthropy world have been watching wealth transfer carefully for the last 20 years. That’s since John Havens and…

The next generation is often uninvolved in the family wealth discussion. Impact investing has the potential to bring generations together in a…

More than 60% of parents don’t talk with their kids about money, a Merrill Lynch study found. Learn the obstacles to talking…

Family offices are increasing in number and in influence, with a rapid increase in assets. Ernst and Young estimated in its 2016…

Sometimes we hear of those with wealth and it’s hard to imagine them making a mistake. But Simone Foxman of Bloomberg surveyed family…