Ten Tips For Educating Younger Generations on Preserving Family Wealth
By: Mike Fisher - September 21, 2017
Educating younger generations about stewardship, family values, entrepreneurship, taxation, and investments can help prepare them for the responsibilities that accompany family wealth. While this may seem like a common endeavor, many families often fail to do so. As a result, this can lead to actions that can prove detrimental — jeopardizing the wealth, reputation, motivation and general well-being of the whole family.
** Disclaimer Required by IRS Circular 230** Unless otherwise expressly approved in advance by the undersigned, any discussion of federal tax matters herein is not intended and cannot be used 1) to avoid penalties under the Federal tax laws, or 2) to promote, market or recommend to another party any transaction or tax-related matter addressed.