The Legacy Of Inherited Wealth

Will your great-great-grandchildren know your name? Will they know your story, your beliefs, and the principles you hold dear? Research has shown that 90 percent of inherited wealth disappears by the third generation. And if the money you leave behind never reaches your grandchildren, chances are your values will be lost to them as well. But Justin Biance has developed a practical plan that will help you safeguard your history, beliefs, and cherished principles along with your financial assets for many generations to come. Based on Justin's experience with hundreds of retirees and their families, The Great Inheritance features deeply personal stories that illustrate what's possible for your family. It provides the wisdom and guidance to help you unite your loved ones, clarify a shared family vision, and create a lasting legacy. Whether your estate is worth thousands or millions, if you would like your children's children to inherit who you are along with what you have, this book is the perfect guide.

Will your great-great-grandchildren know your name? Will they know your story, your beliefs, and the principles you hold dear? Research has shown that 90 percent of inherited wealth disappears by the third generation. And if the money you leave behind never reaches your grandchildren, chances are your values will be lost to them as well. But Justin Biance has developed a practical plan that will help you safeguard your history, beliefs, and cherished principles along with your financial assets for many generations to come. Based on Justin's experience with hundreds of retirees and their families, The Great Inheritance features deeply personal stories that illustrate what's possible for your family. It provides the wisdom and guidance to help you unite your loved ones, clarify a shared family vision, and create a lasting legacy. Whether your estate is worth thousands or millions, if you would like your children's children to inherit who you are along with what you have, this book is the perfect guide.

Though statistics indicate that trillions of dollars will be transferred to the younger generation in the next 50 years, the recipients of that inherited wealth are unlikely to preserve and pass on their inheritance intact. Faced with this prospect, many families today wonder how to successfully transmit to their progeny their own capacity, connections, compassion, and competency that built the original wealth, so that future generations can enjoy these same advantages, and more. The Legacy Family, written by two experts in the field, will provide readers with a roadmap for detailing how to leave family wealth and more importantly, legacy, intact. Readers will learn a variety of skills, from how to articulate a collective vision for the future that can be embraced by all family members to the importance of creating a process so that future generations can help each member shape their own future, while nourishing their close family bonds. This is must reading for any family that wishes to ensure that their future generations have a solid foundation on which to build successful lives.

Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

Inherited Wealth explores issues that arise through the transmission of wealth within a family, and provides wisdom and insights for approaching these concerns in a healing and transformative way.