Full Description
When hard work and good fortune intersect, wealth is often produced and in abundance.
For the wealthy, questions of "will I have enough?" are often supplanted by "how much is too much?"
Concerns about how to deploy such wealth to enrich their children's and grandchildren's lives while not depriving them of their individual purpose and fulfillment that comes in meeting life's challenges on their own, are common. And methods to most effectively secure a legacy through philanthropy are of keen interest. These are the issues that, for the wealthy, often matter most.
The second edition of Wealth: Strategies to Grow and Protect What Matters helps answer these questions and more. Newly revised, Wealth covers such topics as: How much wealth is enough?; defining a legacy; family governance, estate, gift and income tax strategies; charitable planning; family business; succession planning, and more. Wealth is comprehensive yet written in an approachable, entertaining style.
In this second edition, case studies - based upon real life examples of high net worth individuals - have been incorporated into each chapter to further illustrate the concepts presented. Perhaps you will identify with some of them.
Throughout, questions are presented to help you think about how the principles apply to your own situation. And in the concluding chapter, Tying It All Together, a comprehensive checklist helps you to determine how you "score" in arranging and managing your affairs to grow and protect what matters most to you.
Contents
1. Wealth.- 2. Your Legacy.- 3. Family Governance.- 4. Estate Tax Planning.- 5. Charitable Planning.- 6. Business Succession.- 7. Asset Protection Planning.- 8. Life Insurance.- 9. Investment Fundamentals.- 10. Principles of Portfolio Management.- 11. Income Tax Planning.- 12. Selecting a Financial Planner.- 13. Tying It All Together.
