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unHeritage – 11 Pitfalls to Family Legacy and How to Avoid Them

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“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

To learn more, click here

 

Center for Family Conversations

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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.

To learn more, click here....

 

THE TYCOON PLAYBOOK – How Business Empires Are Built

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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.

To learn more, click here

 

CNN Financial News

Starbucks computer glitch means free drinksStarbucks stores across the U.S. and Canada were hit by a computer glitch Friday and some stores res [...]

Jeff Bezos takes a 'swipe' at TinderRead full story for latest details. [...]

How a big Italian bank was slammed by a hoaxRead full story for latest details. [...]

For Al Franken, a Comcast victory 14 months in the makingRead full story for latest details. [...]

GM's Mary Barra makes way more than the last guy in the jobRead full story for latest details. [...]

Casino drama: Elaine Wynn ousted from boardElaine Wynn played hard, but lost. [...]

Your Diet Pepsi is getting a new sweetenerRead full story for latest details. [...]

10 things you must know about Apple before earningsRead full story for latest details. [...]

Facetune makes your ugliest selfies look beautifulFacetune is exactly what it sounds like -- a mobile photo-editing app that lets you tweak pictures o [...]

Mattel ends SeaWorld-themed Barbie toys. Orcas applaudThe SeaWorld Barbie doll has been tossed overboard. [...]

Sorry, Starbucks haters! #RaceTogether hasn't hurt itSay what you want about the politics of Starbucks CEO Howard Schultz. But there is no denying that h [...]

 

CNN Small Business News

Do-it-yourself Girl Scout Cookies coming to Walmart, TargetRead full story for latest details. [...]

Want to keep employees happy? Give them a quizRead full story for latest details. [...]

Small businesses selling crazy luxury items to the super richTake a look at some of the most outrageous items being marketed to the top 1% in Monaco, including a [...]

She mines popular memes for millionsRead full story for latest details. [...]

I'm a professional bridesmaid for hireJen Glantz is carving out a piece of the wedding industry: as a professional bridesmaid. Here's [...]

Mattel wants your toy ideas!The home of some of the most iconic toys has teamed up with a crowdsourcing platform for inventors t [...]

McDonald's franchise owners are not loving itA survey of McDonald's franchise owners shows they are not happy with the company's turnar [...]

I told a dude how much I made. It changed my lifeRead full story for latest details. [...]

Hey, stoners! Boost your high with ... falafel?Read full story for latest details. [...]

Beer that's been to space and backNinkasi Brewing Company sent six vials of yeast into space. The result? Ground Control, an imperial [...]

This beehive raised $5.6 million -- and that might not be a good thingFlow Hive, a new contraption that makes it easier to keep bees, is wildly popular -- but that access [...]

Drop entrepreneurs, not bombsJason Saltzman went to Kuwait as part of the State Department's effort to evangelize the power [...]

 

CNN Money News

Home buyers in these markets have the upper handRead full story for latest details. [...]

This country has zero income tax for most workersNew data from the OECD shows the average worker in India pays no income tax and doesn't have to [...]

7 quirky luxury products for the super richTake a look at some of the most unusual luxury products being marketed to the top 1% in Monaco, incl [...]

How to avoid outliving your retirement savingsWhile the 4% rule may give you a good starting point, a good retirement withdrawal rate isn't a [...]

No. 1 cause of bad work-life balance? Bad bossesDemanding, overbearing or just plain mean managers are most to blame for ruining your time off the c [...]

You're $475,000 short on your retirement savingsNearly half of workers think they need to save half a million dollars to retire comfortably, but mos [...]

America's worst airline for customer satisfaction is...Read full story for latest details. [...]

When one partner makes more than the otherRead full story for latest details. [...]

No more credit checks for NYC job seekersRead full story for latest details. [...]

2 dead dogs, $1,200 in fines and facing arrestRead full story for latest details. [...]

Hey millennials: Coachella is getting seriously expensiveMillennials are flocking to the world-famous music festival in the desert. But the hottest ticket in [...]

Her mission: To wipe out student debt for fallen soldiers' kidsRead full story for latest details. [...]

 

Fortune Magazine

Will Mmmhops be a hit?Hanson is attempting to chart with a new microbrew. [...]

NBA confirms L.A. Clippers sale to ex-Microsoft CEO Steve BallmerDonald Sterling sues the NBA for damages and demands to be reinstated as owner. [...]

FBI and SEC probe into Carl Icahn and golfer Phil MickelsonAuthorities are looking into the potenial insider trading. [...]

Google launches "right to be forgotten" service in EuropeNow European citizens can request to have search results removed. [...]

Zuckerberg's latest donation reawakens concerns over mixed results in NewarkFacebook founder and his wife donate $120 million to Bay Area schools, claim to have learned from pr [...]

Five crazy things Steve Ballmer has doneIn light of Ballmer placing the highest bid on an NBA team in history on Thursday, here are some of [...]

Four ways Apple could have the "best" product pipeline everFrom the obvious upgrades to the bold and daring. [...]

The all-time most popular stories are...Scoops on movers and shakers, from Marissa Mayer to Mark Zuckerberg to Rupert Murdoch, are the most [...]

Web browsers aren't fun anymoreMozilla updates Firefox, but is it enough to bring old users back? [...]

Valeant injects more cash into bid for Botox-maker AllerganRevised offer worth around $53 billion comes days after drugmaker's last bid. [...]

How to get employees to save for retirementAutomatically enrolling workers into a savings plan and reminding them how much they can lose may ju [...]

Pacing nervously with... Jamin Warren, founder and CEO, Kill ScreenHanging backstage with the videogame arts and culture impresario ahead of his annual two5six confere [...]

 

Reuters Business News

WOKING, Britain (Reuters) - The British trader accused of sparking market chaos in 2010 cut his teet [...]

NEW YORK (Reuters) - Greek Foreign Minister Nikos Kotzias said on Friday he respects Germany just no [...]

TOKYO (Reuters) - Japanese consumer electronics firm Sony Corp has raised its operating profit estim [...]

WASHINGTON (Reuters) - The notion that one man trading from his parents' house in a working cla [...]

WOKING, Britain (Reuters) - The British trader accused of sparking market chaos in 2010 cut his teet [...]

(Reuters) - Comcast Corp abandoned its $45 billion offer for Time Warner Cable Inc on Friday after U [...]

(Reuters) - The Nasdaq Composite and S&P 500 chalked up record high closes on Friday, propelled [...]

 

Reuters Economy News

CARACAS (Reuters) - Venezuela confirmed on Tuesday it had entered a recession while inflation remain [...]

WASHINGTON (Reuters) - The Obama administration on Tuesday bowed to months of growing pressure over [...]

NEW YORK (Reuters) - Investors backed away from global equity markets on Tuesday, with light volume [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as investors engaged in profit-taking to pull major [...]

NEW YORK (Reuters) - Crude futures closed up slightly Tuesday, getting some relief from a weak dolla [...]

 
 

Post Tagged with: "Child"

 
  • Couples Beware: Empty-Nest Syndrome Can Be a Hard Hit

    Couples Beware: Empty-Nest Syndrome Can Be a Hard Hit Couples eagerly awaiting the day when the kids move out and they can be a happy couple again might be in for a surprise: data suggest this can be a difficult time for couples. Elizabeth Bernstein joins Lunch Break with Lise and Emil Stoessel, who have their own experience to share.  

     
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  • Andrew Solomon: Love, no matter what

    Andrew Solomon: Love, no matter what What is it like to raise a child who’s different from you in some fundamental way (like a prodigy, or a differently abled kid, or a criminal)? In this quietly moving talk, writer Andrew Solomon shares what he learned from talking to dozens of parents — asking them: What’s the line between unconditional love and unconditional acceptance? Andrew Solomon is a writer on politics, culture and psychology. WHY YOU SHOULD LISTEN TO HIM? Andrew Solomon’s newest book, Far From the Tree: Parents, Children, and the Search for Identity, tells the stories of parents who not only learn to deal with their exceptional children, but also find profound meaning in doing so. Solomon’s startling proposition is that diversity is what unites us. He writes about families coping with deafness, dwarfism, Down syndrome, autism, schizophrenia, multiple severe disabilities, with children who are prodigies, who are conceived in rape, who become criminals, who are transgender. While each of these characteristics is potentially isolating, the experience of difference within families is universal, as are the struggles toward compassion and the triumphs of love Solomon documents in every chapter.  Woven into these courageous and affirming stories is Solomon’s journey to accepting his own identity, which culminated in his midlife decision, influenced by this research, to become a parent. Solomon’s last book, The Noonday Demon: An Atlas of Depression, won the 2001 National Book Award for Nonfiction, was a finalist for the 2002 Pulitzer Prize, and won fourteen other national awards.  

     
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  • Most learning occurs after you finish your formal school education

    Most learning occurs after you finish your formal school education

    Most learning occurs after you finish your formal school education

     
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  • Think like an architect, make choices like a humble old man, and have an imagination of a child.

    Think like an architect, make choices like a humble old man, and have an imagination of a child.

    Think like an architect, make choices like a humble old man, and have an imagination of a child.  

     
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  • What’s the price tag on raising a child

    What’s the price tag on raising a child  

     
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  • Leaders Care

    Leaders Care This is an inspirational story of two small children that demonstrates how caring about someone else helps us overcome our fears. Leaders that care make decisions for the right reasons, though not always the easiest thing to do.  

     
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  • Do you really Understand what a Masterpiece and Marvel that you Truly Are?

    “Beauty is all about us, but how many are blind to it? They take a look at the wonder of this earth – and seem to see nothing. Each second, we live in a new and unique moment of the universe, a moment that never was before and will never be again. And what do we teach our children in school? We teach them that two and two makes four, and that Paris is the capital of France. When will we also teach them what they are? We should say to each of them: Do you know what you are? You are a marvel! You are unique. In all the world there is no other child exactly like you. In the millions of years that have passed there has never been another child like you. And look at your body – what a wonder it is! Your legs, your arms, your cunning fingers, the way you move! You may become a Shakespeare, a Michelangelo, a Beethoven. You have the capacity for anything. Yes, you are a marvel. And when you grow up, can you then harm another who is, like you, a marvel? You must cherish one another. You must work – we all must work – to make this world worthy of its children.”  Pablo Casals “Two men look through the same bars; one sees mud and one sees stars.”  Frederick Langbridge “Man is not made by his circumstances, he is revealed by them.”   James Allen “Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.”  William Jennings Bryan “While one person hesitates because he feels inferior, the other is busy making mistakes and becoming superior.”  Henry C. Link “People are always blaming their circumstances for being what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can’t find them, make them.”  George Bernard Shaw “Men are born to succeed, not to fail.”  Henry David Thoreau “Success is ninety-nine percent failure.”  Soichiro Honda “The real act of discovery consists not in finding new lands but in seeing with new eyes.”  Marcel Proust

     
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  • Stewardship – How to Empower the Next Generation by Family Wealth Coach

      If you plan to give your children anything for free, give them an understanding of stewardship. It’s the opposite of the silver spoon syndrome, the opposite of having a “sense of entitlement” and it is the best way to ensure your kids are empowered by your wealth and not disabled by it. The issue that many of our clients face is that they are the pioneers, they are the leaders and their children are the followers. They are what author Jim Grubman calls “immigrants to the land of wealth,” whereas their children are “citizens.” Because of this, it can be difficult to instill in them the same sense of care and responsibility in dealing with your family’s wealth because they weren’t the ones that created it. It’s important for parents to know, understand and accept this. Fortunately though, there is still a lot that can be done. Stewardship needs to be taught by example because kids are often self-oriented when they are young. It’s a process that takes time. It is long term, cumulative and it compounds—just like your wealth. Here are some suggestions for you and your family: Use philanthropy as a teaching exercise. Get your children involved in your cause and work through it together, every step of the way. Consider a “family bank” concept. Work together as a family to help your kids understand that it is the “family’s capital” and not something for them to exhaust and waste. Family meetings can be a great way to help create an environment of transparency and stewardship. Helping them feel like they are truly “part of the family” and part of managing the family’s wealth can go a long way. Another great option to consider is allowing your kids to become the Trustee of their own Trust. It helps them to understand that the family’s wealth is for the benefit of the beneficiaries, which could ultimately be their own kids or grandkids. With wealth comes responsibility, especially if you want it to mean something to your children. A commitment to ensuring your wealth doesn’t negatively impact your kids, and taking the steps to educate them, will go a long way in helping them develop a sense of responsibility and not end up choking on a silver spoon.  

     
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Lugen Family Office is the Most Trusted Online Curator on Legacy Planning, Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.

Check out over 22,000 Complimentary Posts from Enzo Calamo

 

Family Office Newswire

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The #1 Family Office Newswire That Empowers Family Dynasties. Over 8,500 Complimentary Posts and growing rapidly with relevant topics!

Learn from Billionaires How To Handle Your Family Wealth.

ENZO CALAMO IS A GOLD AWARD CURATOR ON BUSINESS FOR SCOOP.IT!

"You're a giant among curators and your work is world-class awesome. Thanks for being an incredible role model to the curator community!" Scoop.it

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UHNW Wealth Newswire

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The #1 UHNW Wealth Newswire For Living Your Dreams. Over 5,400 Complimentary Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!

ENZO CALAMO IS A SILVER AWARD CURATOR ON FINANCE FOR SCOOP.IT!

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Family Business Newswire

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The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 3,900 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!

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Philanthropy Newswire

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The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,200 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!

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UHNW Real Estate Newswire

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The #1 UHNW Real Estate Newswire for Luxury Homes and Commercial Real Estate. Check out the latest trends in real estate today with over 3,100 Complimentary posts.

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Lugen Family Office Proudly Supports AIP

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The International Association of Advisors in Philanthropy is the leading charitable giving organization in the world for inspiring collaboration among professionals.

Enzo Calamo,
AIP Ambassador, Past President

To learn more about AIP, click here

 

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Melanie Griffith and Antonio Banderas just listed an incredible cre-and-a-half property has an Itali [...]

You don't want to have a production studio here that produces jobs and taxes? Fine. George Luca [...]

The Lamborghini Aventador Superveloce has a half a million dollar price tag and its name translates [...]

Richard Desmond grew up impoverished in a garage apartment and dropped out of school to become a dru [...]

Floyd Mayweather recently gave ESPN a tour of his incredible car collection. A collection that inclu [...]

An 80-year-old woman and her two sons just won a landmark lawsuit against the US government. And the [...]

Thanks to the looming NBA television contract renegotiation, LaMarcus Aldridge has the opportunity t [...]

Demi Moore just put an absolutely incredible 7,000 square foot NYC penthouse on the market for $75 m [...]

A group of investors led by NBA legend Grant Hill and LA billionaire Tony Ressler have just reached [...]

 

Reuters Wealth News

LONDON (Reuters) - Britain's top-25 richest hedge fund managers' wealth rose by 1.8 billio [...]

NEW YORK (Reuters) - Investors in U.S.-based funds poured a record $1.4 billion into funds that spec [...]

(Reuters) - E*Trade Financial Corp's first-quarter profit fell 59 percent, hurt by lower tradin [...]

NEW YORK (Reuters) - American International Group Inc has reached a $40 million settlement of claims [...]

(Reuters) - As U.S. company earnings rise and major stock market indices hit new heights, two small [...]

NEW YORK (Reuters) - Millions of investors would be dropped by their financial advisers if the U.S. [...]

BOSTON (Reuters) - Liquid alternative products, the look-alike hedge funds wooing customers with pro [...]

NEW YORK (Reuters) - Charles Schwab Corp's automated investment product has attracted $1.5 bill [...]

NEW YORK (Reuters) - For many years, investors have been very tolerant as Amazon.com has sacrificed [...]

NEW YORK (Reuters) - Janus Capital Group Inc , the firm that hired closely watched bond investor Bil [...]

 

MarketWatch Personal Finance

Five things you need to have a successful retirement. [...]

About 87,000 websites are vulnerable to a flaw that gives hackers “complete control.” [...]

Warren Buffett has taken to singling out a book or two (and occasionally more) in his annual letter [...]

Now that April 15th is behind you, it’s time to start working on your 2015 taxes. [...]

While recent survey results show women believe they have poor prospects for financial stability in r [...]

Global X Funds is bringing to the U.S. retail market an exchange-traded fund that buys stocks of Pak [...]

Law firm issues an in-depth client alert that will be helpful reading for anyone looking to get caug [...]

Charles Schwab’s automated investment service rolled out in early March and has already attracted $1 [...]

 

Reuters Business Video

Nasdaq and the S&P 500 both chalked up record closes on Friday, driven by strong results form te [...]

Apple is taking a risk in launching its first wearable gadget without the usual fanfare, selling it [...]

Apple is taking a risk in launching its first wearable gadget without the usual fanfare, selling it [...]

 
 
 
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