Subscribe to LFO' s Blog
unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them
“unHeritage is definitely the lighthouse for protecting your family and wealth for generations. This book is a must read for anyone interested in legacy planning.” Enzo Calamo
Center for Family Conversations
The Center for Family Conversations (CFC) is a resource center that provides the integral tools and ideas in helping families establish a 100-year-plus Family Legacy Plan.
THE TYCOON PLAYBOOK – How Business Empires Are Built
The Tycoon Playbook course was created for business families who are already running a successful business and wish to ramp up their growth while preserving wealth for future generations. Specifically, the Playbook teaches high performance business owners the two most highly rewarded skills in business, namely deal-making and how to acquire cash flow producing business assets.
Life Insurance Canada
Fortunately, there are a number of techniques for handling risks. The nature of a specific risk and the circumstances (extent of exposure, available resources, and so forth) often dictate which technique, or combination of techniques, is most appropriate. Basically, there are five methods for dealing with risk. It is easy to remember these by thinking of the acronym STARR. Sharing—Sometimes, when a risk cannot be avoided and retention would involve too much exposure to loss, we may choose risk sharing as a means of handling the risk. By sharing risk with someone else, an individual also shares potential losses. That is, the individual’s own loss may not be as great if it occurs, but the individual may have to pay a portion of the losses experienced by others. Transfer—Risk transfer means transferring the risk of loss to another party, usually an insurance company, that is more willing or able to bear the risk. Some non-insurance transfers of risk occur, such as when one agrees to assume the risk of another under the terms of a written contract. Avoidance—As the name implies, this technique deals with risk by avoiding the risk in the first place. This usually means not undertaking an activity that could involve the chance of loss. For example, by never flying, one could eliminate the risk of being in an airplane crash. Reduction—Sometimes, when risks cannot be avoided, they can be reduced. Risk reduction can work in one of two ways: it can reduce the chance that a particular loss will occur, or it can reduce the amount of a potential loss if it occurs. For example, installing a smoke alarm in a home would not lesson the possibility of fire, but it would reduce the risk of the loss from the fire. Retention—Retention simply means doing nothing about the risk. In other words, people assume or retain the risk and, in effect, become self-insurers. For example, the insured would pay a smaller portion of the loss than the insurer, such as paying a deductible.
/ Alternative Investments, Banking, Behaviour Economics, Capitalism, Economics, Financial Literacy, Financial Planning, Financial Planning Advice for Advisors, Financing, Investing, Life Insurance, Life Insurance Canada, Millionaires, Money, Money Values, Prosperity, Psychology of Money, Real Estate, Retirement, Risk management, True Wealth, Wealth Preservation
Becoming Your Own Banker, The Infinite Banking Concept
/ Dynasties, Estate Planning, Estate Planning - USA, Financial Literacy, Financial Planning, Financial Planning Advice for Advisors, Life Insurance, Life Insurance Canada, Money Values, Psychology of Money, Quotes, Wealth Preservation
Life Insurance – Ditch the Excuses! – LIFE Foundation We as real estate investors need to get private money, and understand “what if I die too soon?” This video shows that.
A Legacy of Love Don’t wait until it’s too late. Now is the right time to learn how life insurance can help you leave a legacy of love for your family.
Life Insurance 101 Learn the basics about life insurance in a flash. Hear from a one of the nation’s top insurance advisors who will explain why life insurance is so important, help demystify the life insurance process and quickly provide you with a good understanding of important insurance terms and concepts.
To learn more about PwC Future of Insurance, click here.
Access The #1 UHNW Newsletter!
Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.
ALL POSTS ARE CURATED BY ACTUAL EXPERTS!
Scoop.it describes Enzo Calamo "as a rock star of content curation."
Family Office Newswire
The #1 Family Office Newswire That Empowers Family Dynasties. Over 13,100 Complimentary Posts and growing rapidly with relevant topics!
Learn from Billionaires How To Handle Your Family Wealth.
ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON BUSINESS
UHNW Wealth Management Newswire
The #1 UHNW Wealth Management Newswire For Living Your Dreams. Over 10,900 Complimentary Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!
ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON FINANCE AND WEALTH MANAGEMENT
Family Business Newswire
The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 5,400 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!
UHNW Real Estate Newswire
The #1 UHNW Real Estate Newswire for Luxury Homes and Commercial Real Estate. Check out the latest trends in real estate today with over 4,600 Complimentary posts.
ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON LUXURY AND COMMERCIAL REAL ESTATE
The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,600 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!
ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON PHILANTHROPY
Lugen Family Office Proudly Supports AIP
The International Association of Advisors in Philanthropy is the leading charitable giving organization in the world for inspiring collaboration among professionals.
AIP Ambassador, Past President
Recent Blog Posts
- Lessons in how not to do succession planningFebruary 5, 2016
- 5 Ways to Invest in Cheap Emerging MarketsFebruary 5, 2016
- How to Overcome Your Fear of Financial PlanningFebruary 5, 2016
- Health savings accounts keep nest eggs in shapeFebruary 5, 2016
- Good Financial Planning Includes More Than Just Your Investments – NerdWalletFebruary 5, 2016
- How the rich fly into the Super BowlFebruary 5, 2016
- Steve Cohen’s hedge fund is investing big time in trading talentFebruary 5, 2016
- Watch this Ferrari go for the ‘most expensive car ever’ recordFebruary 5, 2016
- Here’s everything you should know before buying a diamond ringFebruary 5, 2016
- This is what it’s like to watch a ‘Master of the Universe’ lose moneyFebruary 5, 2016
- Removing aged cells boosts longevity in mice: studyFebruary 5, 2016
- Wages Rise as U.S. Unemployment Rate Falls Below 5% – NYTimes.comFebruary 5, 2016
- Here’s One Financing Source Entrepreneurs Too Often OverlookFebruary 4, 2016
- Taking the Guesswork Out of Private Equity FeesFebruary 4, 2016
- Warren Buffett’s new oil bet nears $1 billionFebruary 4, 2016
LFO Website Statistics
- Today Visit: 8,447
- Yesterday Visit: 8,016
- Week Visit: 97,751
- Month Visit: 492,264
- Years Visit: 7,221,941
- Total Posts: 8,001