Family wealth : keeping it in the family : how family members and their advisers preserve human, intellectual, and financial assets for generations / James E. Hughes, Jr.
Includes bibliographical references (p. 211-217) and index.
Contents:
Long-term wealth preservation as a question of family governance -- The family mission statement -- Ritual -- The family balance sheet and family income statement -- Investor allocation -- Two important practices -- The family bank -- Protectors, advisors, mentors, and hommes d'affaires -- Control without ownership -- Beneficiaries -- Trustees --Family philanthropy -- Evaluation of the next generation -- Peer review -- The private trust company -- The role of aunts and uncles -- The art and practice of mentorship -- The role of elders -- The trustee as regent -- Unexpected consequences of a perpetual trust.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.