Sustaining Family Wealth & Unity Across Generations
How to keep your family strong and united– for generations.
Your family’s assets, and its unity, can be sustained from one generation to the next. The specific elements required to accomplish this have been tried, tested and proven over centuries. Research at The Heritage Institute was inspired by this question: “if 90% of families fail to keep their unity and their assets together across generations, what do the ‘successful’ 10% do differently?”
Our work, plus contemporary studies and the cumulative experience of professional advisors, provided the answer: families who remain strong and unified across generations share many specific ‘elements of success’ in common, including how they intentionally teach and transmit those elements to succeeding generations.
Guidelines for Effective Family Governance WHite Paper
The ultimate goal of Family Governance is to create a high-performance, multi generational team in which the succeeding generations are participating in decision-making, leadership activities and hands-on money management long before their parents pass on.
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This article is based in part upon the novel What Matters, co-authored by Rod Zeeb. It introduces the book's main character, Martin Forrestal, and explains why it is so important to ask that most fundamental of all questions: what matters to me, and to my family?
The 3rd Element of Planning
This article introduces the concept of Heritage Design, and shows how it works to enhance good financial planning and estate planning.
Leadership is a vital trait for family members to develop. In this article, Rod Zeeb gives examples of the importance of leadership skills.
Are We Remembering?
The contributions made by our parents and grandparents shaped our families, our communities, and our world. We must ensure that their stories are never forgotten.