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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.
- The ‘blackmail’ allegations in the £132 million Candy brothers lawsuit could not be weirderMarch 1, 2017
- Warren Buffett’s reason for investing in Apple should be music to Tim Cook’s earsMarch 1, 2017
- Trump’s win is making Oprah reconsider whether she could be presidentMarch 1, 2017
- It costs about $200,000 an hour to operate Air Force One — here’s why it’s so expensiveMarch 1, 2017
- Trump says 94 million Americans are out of the labor force — that’s true if you include teens and grandmaMarch 1, 2017
- Trump goes presidential in first major address to Congress: ‘The time for small thinking is over’March 1, 2017
- $120M in counterfeit designer cosmetics seized in China – NaturalNews.comMarch 1, 2017
- Why the Ultra-Wealthy Will Flock to London Even as Brexit BitesMarch 1, 2017
- Cuban cigar sales rise, defying flat luxury goods marketMarch 1, 2017
- Vietnam bank tycoon, former executives face trial over $66 mln losses – VnExpress InternationalMarch 1, 2017
- Billionaire Philip Green Agrees To Pay $450 Million To BHS Pension FundMarch 1, 2017
- The Aquila Villa is Thailand’s New Dream GetawayMarch 1, 2017
- For Sale: the World’s First Flying CarMarch 1, 2017
- The Macallan Releases a New Scotch Destined to Be Collected and CovetedMarch 1, 2017
- The World’s Most Expensive Taco Is a $25,000 DelightMarch 1, 2017
- Oceanco Reveals 120-Meter Superyacht AmaraMarch 1, 2017
- The American Dream has moved to Canada – Macleans.caMarch 1, 2017
- 7 Failures That Helped Richard Branson Become a MultibillionaireFebruary 28, 2017
- A Delivery Man Just Became One of the Richest People in ChinaFebruary 28, 2017
- Number of super-rich set to rise by 43pc in the next decadeFebruary 28, 2017
- As A Place To Invest, Canada’s Been Kicking Butt For 117 YearsFebruary 28, 2017
- Canadian Inflation Jumps As Carbon Taxes Come Into ForceFebruary 28, 2017
- World’s Rich Are In A Great Migration And Canada A Top DestinationFebruary 28, 2017
- Billionaire investor Wilbur Ross confirmed as Trump’s secretary of commerceFebruary 28, 2017
- UK’s ultra-rich set to grow by a third in 10 years – BBC NewsFebruary 28, 2017
- Anthony Bourdain’s 1 Rule for Workplace HappinessFebruary 28, 2017
- Psychology Says This Is the Top Contributor to Happiness (It’s Not What You Think)February 28, 2017
- 9 Traps You Fall Into That Limit Your HappinessFebruary 28, 2017
- The World Happiness Summit: Making Happiness a ChoiceFebruary 28, 2017
- How to Redesign Your Life for Success and HappinessFebruary 28, 2017
- Retirement Spending Strategies to Maximize HappinessFebruary 28, 2017
- Tiffany Trump ‘soon to be within’ the Trump family business, Donald Trump Jr. saysFebruary 28, 2017
- 5 Oscar-Worthy Dress Watches for Your Next Black-Tie GalaFebruary 28, 2017
- The Robb Report Man’s Guide to SpasFebruary 28, 2017
- Three of Milan’s Most Essential Men’s Bespoke TailorsFebruary 28, 2017
- Rock Stars Sammy Hagar and Adam Levine Launch the First Tequila and Mezcal BlendFebruary 28, 2017
- This 1934 Alfa Romeo Racer Placed First in Price at the RM Sotheby’s Paris SaleFebruary 28, 2017
- 10 Speakers that Cost More than a FerrariFebruary 28, 2017
- Phil Mickelson Has Made An Absolutely Ridiculous Amount Of Money During His Golf CareerFebruary 28, 2017
- Andrey Melnichenko’s Giant $400M Yacht Impounded By Gibraltar Port AuthorityFebruary 28, 2017
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