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Family Wealth Transition Archives - Forbes Legacy Advisors

Why Women Controlling More Wealth is Good For All

Women are projected to control more than half of the wealth in our country by the middle of this century.  There are those who believe that’s already happened, but the overall trend is undeniable.  Some men aren’t quite sure what … Continued

Family Philanthropy – More Than Just Giving

Year-end is a time of year when many families discuss philanthropy.  The first part of the new year is the time to put all that talk into action. Whether the conversation is focused on things you have already done together … Continued

Putting the Giving in Thanksgiving

This might hurt my mother’s feeling, but I can live without the creamed onions and the sweet potatoes covered with melted marshmallows.  Despite their stubborn presence at our annual gathering, Thanksgiving is my favorite holiday. It’s all about the things … Continued

Focus Less on the Money And More on the People

“From shirtsleeves to shirtsleeves in 3 generations” refers to the process of building wealth, passing it down and exhausting it within 3 generations.  This concept is steeped in history and crosses cultures.  In fact, different cultures have created expressions that … Continued

Get Your Giving Under Control

Individual giving accounts for over 72% of all charitable giving in the USA, according to the annual report on charitable giving in the US by GivingUSA.  This number fluctuates a bit from year to year, but on a relative basis, … Continued