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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

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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.

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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.

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CNN Financial News

Get ready for lawsuits over net neutralityComcast is firing warning shots over the FCC's historic decision Thursday. [...]

This guy used a get-rich-quick scheme and got richYou know those crazy get rich quick schemes that supposedly let you become a millionaire from your l [...]

Asian Americans are quickly catching whites in the wealth raceAsians are on their way to toppling whites as the wealthiest group in America. [...]

Cable news and social media go all in on #LlamaWatchRead full story for latest details. [...]

KFC tests edible coffee cupsRead full story for latest details. [...]

The New York Daily News exploring saleOne of New York's two always-warring tabloids might have a new owner soon. [...]

ESPN writer rallies help in search for missing sonThe country's top sports writers have rallied to help find a colleague's son who has been [...]

The Bill O'Reilly controversies: Where they standBill O'Reilly is used to attracting criticism for what he says on Fox News. But over the last w [...]

Average tax refund is $3,120 so farOne month into the tax filing season, the average federal tax refund was $3,120, the IRS said Thursd [...]

Fox's 'Empire' grows for 7th week in a rowThe "Empire" streak continues... for now. [...]

RadioShack to sell name with $20 million opening bidRead full story for latest details. [...]

 

CNN Small Business News

From street child in China to Intel mentorShu-Ling Garver, once a homeless child in Shanghai, rose to one of the top engineers at Intel. Now h [...]

It's Magic! Send a text, get anything you needMagic one-ups service economy startups by making it even easier to get what you want. You might pay [...]

15 startups. One Silicon Valley bed and breakfast.Blackbox, a two-week Palo Alto accelerator, gives foreign entrepreneurs a soft landing to enter the [...]

Immigration reform: Is this the first step?Read full story for latest details. [...]

This razor could diversify Silicon ValleySilicon Valley entrepreneur Tristan Walker is in pursuit of a more colorful tech scene. [...]

How to make money with $1 slicesRead full story for latest details. [...]

Cadbury lovers: Here's how to get your U.S. fixUK-based British Chocolate Club wants to give U.S. chocolate lovers access to British-made faves. [...]

Best cities for black entrepreneursRead full story for latest details. [...]

Bookstore struggling with minimum wage hike gets a lifelineRead full story for latest details. [...]

Control everything with the tap of a buttonIFTTT's new Do apps make one-button shortcuts for automated tasks. [...]

5 startups that are reimagining the worldBricks that grow from microorganisms, household garbage turned into art, three-wheeled bike-cars -- [...]

Pope Francis has arrived ... as a 'plush doll'Toymaker Bleacher Creatures adds 10-inch collectible Pope Francis to its iconic line of plush figure [...]

 

CNN Money News

10 best companies for internshipsGlassdoor recently published its annual list of the highest-rated companies for interns. [...]

Average tax refund is $3,120 so farA month into tax filing season, 83% of returns that were filed qualified for a tax refund, the IRS s [...]

The secret world of government debt collectionCNNMoney's exclusive investigation looks at the debt collectors hired by government agencies to [...]

8 tax audit red flagsRead full story for latest details. [...]

The world wastes $400 billion in food every yearOver $400 billion worth of food is wasted by consumers each year, according to a new report by a U.K [...]

Should you tap your Social Security benefits early?Read full story for latest details. [...]

What you need to earn to buy a home in 27 citiesTo afford a home in Pittsburgh, you'll need to earn just under $32,000 a year. But if you want [...]

Supreme Court to hear case about 401(k) feesRead full story for latest details. [...]

Obama pushes protections for retirement accountsThe White House unveiled a proposal Monday that would hold financial advisers handling individual re [...]

The proven way to retire richSmart investors have a few traits in common. Do you have them too? [...]

Threatening letters from a government debt collectorAmericans across the country are getting scary debt collection letters -- threatening jail time, sus [...]

The debt collector doing government dirty workCNNMoney's exclusive investigation looks at the debt collectors hired by government agencies to [...]

 

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

TOKYO (Reuters) - Asian shares pulled further away from a five-month high on Friday as a sharp pullb [...]

YOKOHAMA, Japan (Reuters) - Nissan Motor Co will be able to meet its goal of taking 10 percent of th [...]

SINGAPORE (Reuters) - Crude oil futures rebounded on Friday, with Brent heading for its biggest mont [...]

(Reuters) - International Business Machines Corp , which ruled computing in the age of the mainframe [...]

(Reuters) - Bank of America Corp said on Thursday that two members of its board of directors and its [...]

NEW YORK (Reuters) - Crude oil futures fell sharply on Thursday as rising inventories in the United [...]

NEW YORK (Reuters) - The Nasdaq resumed its recent advance on Thursday after deal news in the techno [...]

 

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 [...]

 

Reuters Business Video

Apparel retailer Gap forecast a drop in profit for its year ending January 2016; U.S. stocks closed [...]

The U.S. Federal Communications Commission is setting new so-called net neutrality rules to regulate [...]

S&P Capital IQ media analyst Tuna Amobi says new net neutrality rules will severely impact the c [...]

 
 

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 Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.

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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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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

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Reuters Wealth News

(Reuters) - Carlyle Group LP paid its co-president who was hired last year from JPMorgan Chase & [...]

(Reuters) - The Securities Exchange Commission on Thursday restricted the ability of financial indus [...]

(Reuters) - Bank of America Corp said on Thursday that two members of its board of directors and its [...]

NEW YORK (Reuters) - Investors in U.S.-based funds poured $4.6 billion into funds that specialize in [...]

BOSTON (Reuters) - Institutional investors are sending a strong message to hedge funds after last ye [...]

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission is unearthing numerous examples o [...]

TORONTO (Reuters) - Toronto-Dominion Bank is very happy with its stake in discount brokerage TD Amer [...]

(Reuters) - Peer-to-peer lender Prosper Marketplace Inc said it has partnered with Western Independe [...]

NEW YORK (Reuters) - When Wanda Simpson reached retirement a couple of years ago, the Cleveland mom [...]

LONDON (Reuters) - Europe's money market funds will not have to hold costly capital to shield t [...]

 

MarketWatch Personal Finance

U.S. companies are barreling into European bond markets at the fastest clip since the financial cris [...]

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Columnist Chuck Jaffe interviews a savvy stock-market pro with a track record to brag about — and th [...]

Answers to your tax-related IRA questions, and only half of Americans feel financially secure. [...]

Here are analysts’ favorite picks for the next 12 months, says Phil van Doorn. [...]

Education debt is different from every other form of consumer credit because it’s nearly impossible [...]

Given that families defined financial security as merely having enough money to pay the bills with a [...]

Many Americans say they don’t want to — or won’t be able to — ever retire. [...]

 
 
 
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