Borrowed From Your Grandchildren

Families share how they have maintained and grown their wealth from generation to generation. While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations. Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations. Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next. This unique resource: Presents real-life stories of families sustaining wealth over generations Explores both the successes and failures of retaining family wealth Includes rare private insights from members of prominent wealthy families Examines the nature of global family enterprises and their evolution over generations Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals.

Very few enterprising families focus on building an owner’s mindset in family members. They are busy working and growing their enterprises (rightly so), which prioritizes and values the management role over the ownership role. Many rising generation family members do not choose the path of ownership but are simply born into it. Given these typical patterns, it is not surprising that there is little focus on valuing and building an educated owner to steward the family’s assets for future generations. This book serves as a resource and support tool to help enterprising families learn and develop thoughtful, capable ownership by investing in and nurturing an owner's mindset. This includes building “ownership literacy,” along with a genuine sense of stewardship. It offers a learning structure and approach for each stage of an owner’s development across the lifespan (from earliest years to retirement), taking into consideration the lifecycle stages of the family. The authors make clear that ownership development shouldn’t be confined to earlier ages; any owner at any age can gain ownership-related perspective and skills that can contribute to greater family harmony and business success. The book provides enterprising families and their advisors with examples and practical advice for the promotion of knowledge, skills, and capabilities that incorporate a broad range of topics spanning from personal and interpersonal, to leadership and wealth, to business, ownership, and financial.

Award-winning writer Jill Christman, pregnant for the first time and feeling none too optimistic about it, tells of a journey back in time to discover what it really means to be a mother.

Is your family geographically scattered? Has globalisation made your family a Distance Family? This book tells the candid story of how Distance Parents and Distance Grandparents struggle - and succeed - to adapt to their new reality. This isn't family life as they had imagined it. If you are a Distance Parent or Distance Grandparent, all those how, why and what-if questions will find answers in these pages. You'll realise, perhaps for the first time, that you're not alone on your journey. Helen Ellis, researcher, writer, anthropologist and a veteran of Distance Grandparenting, examines everything from smart ways of tweaking your communication routines to tips for nourishing precious family relationships. These moving stories will soothe and inspire you, and more importantly, help you embrace your ever-changing Distance Family role. Are you a Distance Family daughter, son or grandchild living a globalised life? Do you worry about the folks back home? Is that you? Taking time to learn about Distance Familying from your parent's or grandparent's perspective is a heartfelt act of love. With knowledge comes understanding... with understanding comes empathy... and that is a good thing for Distance Families. Being a Distance Grandparent - a Book for ALL Generations will make a difference to your Distance Family. The first part of a three-book series.

What matters most in managing the family enterprise Complete Family Wealth is a comprehensive resource for growing, maintaining, and managing wealth across generations. A successor to the classic Family Wealth, now in its 20th year, this book provides updated and expanded guidance to change the way you think about your wealth and legacy. This team of expert authors—who brought the field not only Family Wealth but also Family the Compact, The Cycle of the Gift, The Voice of the Rising Generation, and Family Trusts—ground Complete Family Wealth in a clear account of the “five capitals”: human, intellectual, social, spiritual, and financial. The discussion covers the “what,” “who,” and “how” of family wealth management in clearly-delineated chapters that allow you to dip in as needed, from the principles of family enterprise to family governance, philanthropy, and more. Each family member plays a distinct role, and by exploring each member’s responsibilities in terms of the family enterprise, this book provides insights and ideas for real-world families struggling with all-too-common challenges. Growth-oriented practices today lead to generations of family flourishing in the future. This book provides the answers you need along with guidance and strategy for keeping your family’s complete wealth intact. Understand the five forms of capital that comprise “complete family wealth” Explore the roles of each family member in helping the family enterprise flourish Learn how friends, trustees, and advisors contribute to family wealth management Adopt specific practices that help families grow their complete wealth and ensure its survival through generations Family wealth can sometimes feel like more of a burden than a blessing. Developing the right understanding, character, and structures can improve family enterprise management and protect all your family’s capital from whatever the world throws your way. Complete Family Wealth is a one-stop reference for ensuring a positive legacy for future generations.

A moving portrait of school reform in New Orleans through the eyes of the students and educators living it.

Think carefully. That’s the advice Jean Wainwright always gets from her beloved Aunt Constance, Jean’s guardian and headmistress at the boarding school where she lives. It’s advice that proves valuable when Jean finds herself spending the summer far from home, sorting out family papers for the reclusive Mr. Thiel, a trustee of Aunt Constance’s school and the widower of her childhood friend Irene Callender. At Mr. Thiel’s isolated country estate, Jean is surrounded by bewildering questions from the past. Why is there such hatred between Mr. Thiel and his late wife’s brother? Was her death an accident? And what happened to their child, who disappeared after Irene Thiel’s death? Do the answers lie in the Callender papers? And will searching for the answers put Jean’s own life in jeopardy?

A brilliantly original fairy-tale twist from Children's Laureate and Charlie & Lola creator Lauren Child.

A Family of Choice by Paul Hampsch A Family of Choice is a love story about how the author and his adopted children found each other. Hampsch takes readers by the hand and walks them through his experiences with the international adoption process which were both terrifying and miraculous. Though everything was against him, love ultimately prevailed. A Family of Choice is a compelling true story of love, courage, and persistence to save the lives of two orphan children, and build an American family. It is as informative for those considering international adoption as it is heart-warming and inspiring for those interested in a good read. The author takes you on detailed narrative of the risks and rewards, the emotional joys and disappointments of an exhausting journey that leaves no emotion untouched. -Stephanie G. Sherman, LPC, LISAC, NBCC, CIP, therapist, author, and university faculty

Work is part of God's plan for people. For a career to be fulfilling, that work should fit into the individual's values, talents and gifts. In Your Career in Changing Times, Lee Ellis and Larry Burkett explore tying a career into the large picture of pursuing God's will through efficient use of one's gifts. You'll discover the four skills that every employee will need in tomorrow's job market, the 'how-to's of preparing for work through education and training, and even twelve steps you can take to help your children select the right career. Sixty to eighty percent of those in the work force are dissatisfied with their jobs. The workplace is changing. With economic prospects dim, companies are downsizing to make themselves more competitive, and college graduates are facing a dismal hiring environment. Automation and technology will reduce employment needs even more, and there will be strong competition for jobs. Whether you're a young person preparing to attend college, an executive considering a job change, or you're looking forward to retirement, Your Career in Changing Times is the tool you'll need to make these life-changing decisions. In a transforming workplace you can't afford to be plagued with doubt about the skills you have to offer, and you can't afford to be uninformed about career planning.