ENGLISH

Kids, Wealth, and Consequences: Ensuring a Responsible Financial Future for the Next Generation

By Richard A. Morris , Jayne A. Pearl

Book information

Publisher
Bloomsbury Publishing
Year
2010
ISBN
1576603482, 9781576603482
Language
english
Format
RAR
Filesize
4 MB (3783713 bytes)
Pages
256\0
Topic
Economy Popular
Time added
2020-11-11 23:13:24

Description

Leaving children with a substantial amount of money can be either a boon or a burden. High-net-worth parents need to give their children an education - financial, emotional and intellectual - to navigate today's complex world. The question becomes how to raise children with a sense of reality and balance, imparting a strong work ethic, and making them good stewards of their wealth. Kids, Wealth and Consequences enlightens high-net-worth parents about the unique issues they need to explore. The book addresses the 'hard' financial issues, such as investing and estate planning, as well as the 'soft' emotional issues relating to values, family and communication. Morris and Pearl detail strategies and techniques to help parents raise children who appreciate, and know how to manage, the wealth they inherit.

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