Protect your family assets for future generations. All too often, family wealth fails to last. One generation builds a business-or even a fortune- lost in the ensuing decades. Why does it happen, again and again? Often, middle-class millionaire families fall prey to serious money blunders, making classic mistakes, or not recognizing changing times. This article … Continue reading “Major Risks to Family Wealth”
Major Risks to Family Wealth
April 10th, 2019
Teaching Your Heirs to Value Your Wealth
Some millionaires are reluctant to talk to their kids about family wealth. Perhaps they are afraid of what their heirs may do with it. If a child comes from money and grows up knowing they can expect a sizable inheritance, that child may look at family wealth like water from a free-flowing spigot with no … Continue reading “Teaching Your Heirs to Value Your Wealth”
Are One-Percenters Rich or Comfortable?
What would you have to make to be a one-percenter? That is, to have an income in the upper one percent of the population, in the U.S., Singapore, China, Brazil, England or Australia. The answer, of course, differs in every country. At the bottom of the scale, someone earning $81,000 a year in India is … Continue reading “Are One-Percenters Rich or Comfortable?”
