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.
It’s all about Jantelagen.
Buddhism, which holds that wealth is temporary and no path to happiness, might not sound like the best source for money wisdom. Not so, says Ethan Nichtern, the prominent Buddhist teacher, who has
Greg McKeown: Essentialism – The Disciplined Pursuit of Less Greg McKeown saw first-hand how success can lead straight to professional and personal failure, during his career evaluating and coaching Silicon Valley executives. The heart of the problem, he says, is the insidious idea that we can do it all. As entrepreneurs and executives find success, they’re often overwhelmed by expectations and options, and end up losing the single-minded focus that made them successful in the first place. Taking inspiration from legendary designer Dieter Ram’s philosophy of “less but better”, McKeown outlines an antidote in his book Essentialism: The Disciplined Pursuit of Less, which features practical tips on how to figure out what’s most important, eliminate the trivial, and establish routines for effortless execution. McKeown earned his MBA from Stanford Graduate School of Business.
Dilip Ratha: The hidden force in global economics: sending money home In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these “dollars wrapped with love” and analyzes how they are stifled by practical and regulatory obstacles.
Buffett on technology replacing jobs Warren Buffett explains why he thinks it’s progress to have technology replacing human jobs, but acknowledges that people who are left behind need support.
Bill Nye, Science Guy, Dispels Poverty Myths Bill Nye dispels myths about poverty, health, and foreign aid.
Paul Piff: Does money make you mean? – Lugen Family Office It’s amazing what a rigged game of Monopoly can reveal. In this entertaining but sobering talk, social psychologist Paul Piff shares his research into how people behave when they feel wealthy. (Hint: badly.) But while the problem of inequality is a complex and daunting challenge, there’s good news too. (Filmed at TEDxMarin.) Paul Piff studies how social hierarchy, inequality and emotion shape relations between individuals and groups. Why You Should Listen To Him? Paul Piff is a post-doctoral researcher in the psychology department at the University of California, Berkeley. In particular, he studies how wealth (having it or not having it) can affect interpersonal relationships. His surprising studies include running rigged games of Monopoly, tracking how those who drive expensive cars behave versus those driving less expensive vehicles and even determining that rich people are literally more likely to take candy from children than the less well-off. The results often don’t paint a pretty picture about the motivating forces of wealth. He writes, “specifically, I have been finding that increased wealth and status in society lead to increased self-focus and, in turn, decreased compassion, altruism, and ethical behavior.” “When was the last time, as Piff puts it, that you prioritized your own interests above the interests of other people? Was it yesterday, when you barked at the waitress for not delivering your cappuccino with sufficient promptness? Perhaps it was last week, when, late to work, you zoomed past a mom struggling with a stroller on the subway stairs and justified your heedlessness with a ruthless but inarguable arithmetic: Today, the 9 a.m. meeting has got to come first; that lady’s stroller can’t be my problem. Piff is one of a new generation of scientists—psychologists, economists, marketing professors, and neurobiologists—who are exploiting this moment of unprecedented income inequality to explore behaviors like those. “ Lisa Miller, New York Magazine
Introducing the concept of a Collaborative Will by Tom Deans At a farm convention in Chicago, I was approached by an audience member who explained that gifting a working farm to her children was preferable to selling and leaving them each $5 million. When I pressed her for more details – such as – “what do your children think of your plan?” She snapped her head back and proclaimed, “why would I tell them?” I have to confess it wasn’t the first time that I had heard someone say that silence was going to be the key ingredient of their estate plan. It got me thinking how many beneficiaries – children especially — truly know the contents of their parent’s wills? When I put the question to my audiences, “how many people hold a copy of their parents’ wills?” Only 10% on average acknowledge they do. The more interesting question is: “how many in the audience will play a lead or significant role in providing care for an aging parent?” The response — an average of 75% — agreed they would. I find the disparity between these two pieces of data, striking. The relationship between inheriting money and the provision of health care is an issue moving into the media and cultural spotlight for two major reasons – we’re living longer (a lot longer) and the cost of health care and assisted living are rising faster than inflation and saving rates. For some who live much longer than the average age of 76 for men and 81 for woman, many will turn to family for financial support and care when their savings are fully depleted – the same family from whom secrets were kept when a surplus seemed assured. Why do so many people keep secrets from those who will likely be providing them with late in life care? How do secrets serve beneficiaries or add to relationships before we become old and dependant? Talk to enough estate planning professionals and they’ll tell you it almost always comes down to a lack of trust and a debilitating fear of death. For those who view their money as an absolute source of power and control you can see how the aging process and the concomitant relinquishing of power and control makes dying and death such a wretched, fearful experience. Compare that to individuals who seriously prepare family, friends and charitable organizations to receive not just their wealth but their wisdom and you’ll find some extraordinary relationships built purposefully over a lifetime – even when years outstrip savings. Sharing the contents of a will requires judgment – some might call it wisdom nurtured over time. A wisdom both taught and harvested through conversations with intended beneficiaries not in the last year of life, when death seems imminent, but precisely the opposite, when death is a distant abstraction. A will doesn’t need to be seen as a solo “end of life document” but rather a […]
Enzo Calamo Is A Best Selling Author
Enzo Calamo is the Best Selling co-author of "How To Create Infinite Returns In Real Estate Using The Secret Asset: How To Recover All Business and Personal Expenses Using The Secret Asset" This is a must read for every affluent investor.
Enzo Calamo Is A Gold Award Curator
Scoop.it describes Enzo Calamo "as a rock star of content curation."
Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, Wealth Management, Financial Literacy, Family Business, Philanthropy, Technology Trends, Healthy Living, and the UHNW.
ALL POSTS ARE CURATED BY ACTUAL EXPERTS!
Check out our 11 Gold Award UHNW Newswires.
- Margin debt is sending a worrisome signal about where stocks are heading nextJanuary 23, 2017
- Silicon Valley billionaires are preparing for the apocalypse with motorcycles, guns, and private hideawaysJanuary 23, 2017
- Here are the 2 reasons Sprint could think Jay Z’s Tidal is worth $600 millionJanuary 23, 2017
- Animated map reveals the most dangerous countries in the world for touristsJanuary 23, 2017
- America’s millennials stuck in their parents’ basement may finally be able to move outJanuary 23, 2017
- TRUMP: We’re going to ‘cut regulations by 75%’ and impose a ‘very major border tax’January 23, 2017
- Forget 4% growth: 3% would be a major feat for Trump after record droughtJanuary 22, 2017
- At a private lunch in Davos, Jamie Dimon was asked about the elephant in the roomJanuary 22, 2017
- MORGAN STANLEY: A ‘correlation crash’ is happening in the marketsJanuary 22, 2017
- Billionaire Richard Branson thinks everyone should watch these 20 documentariesJanuary 22, 2017
- China dumping U.S. Treasury debt in record volume… is this a prelude to the globalist assault on Trump’s economy?January 22, 2017
- How Shark Tank investor Daymond John became filthy richJanuary 21, 2017
- Warren Buffett says he supports Donald Trump’s cabinet ‘overwhelmingly’January 21, 2017
- US oil rig count spikes by the most in nearly 4 yearsJanuary 20, 2017
- Here’s how much debt the US government added under President ObamaJanuary 20, 2017
- There’s one business on Wall Street that has suddenly ‘become a lot more interesting’January 20, 2017
- President Obama made one of history’s greatest stock market calls in March 2009January 20, 2017
- A personal finance columnist with 15 years of experience shares her 3 biggest money regretsJanuary 20, 2017
- ‘From this moment on, it’s going to be America First’: Here’s President Donald Trump’s full inauguration speechJanuary 20, 2017
- THE TRUMP 5: Meet the offspring of President Donald TrumpJanuary 20, 2017
- Trump is creating a huge problem for the future of the auto industryJanuary 20, 2017
- ‘Thank you’: Obama offers final words for the American people after leaving a note for Trump in the Oval OfficeJanuary 20, 2017
- Trump inaugurated as 45th presidentJanuary 20, 2017
- How to Find and Start Your Next Entrepreneurial EffortJanuary 20, 2017
- The 4 Essentials of a Customer Service PlanJanuary 20, 2017
- Sheryl Sandberg: We Can Change the Face of Leadership Through AdvertisingJanuary 20, 2017
- What Franchisees Need to Know About Vendor ContractsJanuary 20, 2017
- Pessimists Aren’t All That BadJanuary 20, 2017
- 10 Entrepreneurs Share Fail-Safe Strategies For More Effective MeetingsJanuary 20, 2017
- 4 Lessons Every Entrepreneur Can Learn From Donald TrumpJanuary 20, 2017
- Insight Vacations launches 2017 luxury gold portfolio – The Economic TimesJanuary 20, 2017
- Introducing: The Jaeger-LeCoultre Rendez-Vous Night & Day In New 38.5mm ‘Large’ SizeJanuary 20, 2017
- Luxury Watches Online: 4 Digital TrendsJanuary 20, 2017
- 2017 Predictions for the Luxury Industry: Adapt to SucceedJanuary 20, 2017
- Health is the New Wealth for the Affluent Asian ConsumerJanuary 20, 2017
- Assets of High Net Worth investors growingJanuary 20, 2017
- European Union Still Lags Behind Where Bitcoin is ConcernedJanuary 19, 2017
- Why Millennials Are Poorer Than Their Baby-Boomer ParentsJanuary 19, 2017
- Glamorous party girl conned pensioners out of £2m to fund her luxury lifestyle of the best restaurants and trips to the racesJanuary 19, 2017
- 17 Luxury Watches With Marvellous MechanismsJanuary 19, 2017
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
LFO Website Statistics