Kids, Wealth, and Consequences

Beschreibung

Leaving children with a substantial amount of money can be a boonor a burden. High-net-worth parents need to give their children aneducation to navigate today's complex world. The questionbecomes how to raise children with a sense of reality and balance,imparting a strong work ethic, and making them good stewards oftheir wealth. Kids, Wealth, and Consequences enlightens high-net-worthparents about the unique issues they need to explore. The bookaddresses the "hard" financial issues, such asinvesting 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 parentsraise children who appreciate and know how to manage the wealththey inherit. Richard Morris spent many years working for his family'smultimillion dollar business, and learned firsthand the challengesof business ownership and family wealth. Jayne Pearl is an experienced journalist who writes about families,family businesses, and money.

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Richard A. Morris

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