Inheritance

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

I’d bet you’re familiar with the story of the Prodigal Son, but do you know the key family legacy principle it so…

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…

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

When you think about leaving a legacy gift to your children what do you think about? I remember my wife’s 91-year-old grandmother….

I’ve heard it said many times now and in various ways, but the principle is the same: we should prepare our families…

A study on leaving a legacy found most people evaluate a life well lived in terms of loving relationships and social impact…

The U.S. wealth transfer number has gone up. As recently as early fall of 2018, the going number for the Great Wealth…

Exercise of poor character can’t be blamed on personality. In this three-part series (here’s Part I and Part II), I’ve been discussing the…

In my last blog, the first in a three-part series, I spoke about the single worst question in family legacy: Why can’t…

There’s one question that’s a killer when it comes to preserving family legacy. I’m not going to delay it. I’ll get right…