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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

U.S. ends TARP with $15.3 billion profitRead full story for latest details. [...]

Unilever lays an egg: Drops Just Mayo lawsuitUnilever takes its mayonnaise very seriously. But this time, the global food giant appears to have e [...]

It's time for disruptive tech firms to grow upRead full story for latest details. [...]

How to pick the best dividend stocksInvesting in dividend stocks can be a powerful and effective strategy to obtain superior returns ove [...]

Source: Hackers send new message to SonyThe hackers behind a devastating cyberattack at Sony Pictures have sent a new message to executives [...]

Friday LinksRead full story for latest details. [...]

All I want for Christmas: BoobsOn the first day of Christmas, my true love gave to me ... two breast implants, a tummy tuck and a r [...]

 

CNN Small Business News

Unilever lays an egg: Drops Just Mayo lawsuitUnilever sued Hampton Creek over its egg-free mayonnaise spread Just Mayo. But the company behind Be [...]

Alternative lenders are hot -- especially among millennialsRead full story for latest details. [...]

Reddit cofounder: The next Google is one visa away from leaving U.S.Read full story for latest details. [...]

The heart of the Internet has been hackedICANN, the all-powerful but little-known organization that administers global website domain names, [...]

Oprah-approved startup raises $6.25 millionNews startup The Skimm announced a new round of funding, 1 million active readers, and plans to expa [...]

Cow farmers get high-tech tracking appBrazilian startup BovControl is turning cows into data with a mobile app. [...]

Google Ventures: less Ubers, more health careThe venture capital investment arm of the tech giant has quadrupled its funding of life sciences and [...]

 

CNN Money News

Payday lenders throw millions at powerful politicians to get their wayPayday lenders are spending millions of dollars in Washington in an attempt to get powerful politici [...]

Living your dream retirement? Tell us about itAre you living your dream retirement? If so, we want to hear how you were able to get there -- wheth [...]

Mortgage rates hit a new low for the yearAmid falling gas prices and investor nervousness, the average rate for a 30-year fixed-rate loan fel [...]

Alternative lenders are hot -- especially among millennialsRead full story for latest details. [...]

The 2014 tax breaks you'll be able to takeCongress waited until the last minute to decide what to do with a slew of expired tax breaks. They e [...]

Re-gifting is fine... if you follow these rulesEtiquette experts say re-gifting is generally considered acceptable, as long as you follow these rul [...]

Toyota has best value: Consumer ReportsRead 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. [...]

 

Reuters Business News

NEW YORK (Reuters) - U.S. stocks were little changed on Friday, after the Federal Reserve's mos [...]

WASHINGTON (Reuters) - U.S. authorities were expected to announce on Friday that investigators had d [...]

WASHINGTON (Reuters) - The United States closed out its last big investment taken on during a 2008 b [...]

TORONTO (Reuters) - BlackBerry Ltd on Friday reported a bigger-than-expected drop in third-quarter r [...]

(Reuters) - A U.S. judge has cleared the way for consumers to sue Target Corp over the retailer [...]

MOSCOW (Reuters) - Russia's lower house of parliament hastily approved a draft law on Friday th [...]

(Reuters) - The Federal Reserve is creating "unacceptable" downside risks to U.S. inflatio [...]

 

Reuters Economy News

NEW YORK (Reuters) - U.S. stocks were little changed on Friday, after the Federal Reserve's mos [...]

LONDON/NEW YORK (Reuters) - Equity markets worldwide extended the week's rally on Friday, and o [...]

NEW YORK (Reuters) - The U.S. dollar rose against major currencies for a third straight session on F [...]

NEW YORK (Reuters) - Bond giant Pacific Investment Management Co said on Friday that it expects the [...]

MOSCOW (Reuters) - Russia's ruble strengthened on Friday after Finance Minister Anton Siluanov [...]

 

Reuters Business Video

European stocks follow their US and Asian peers higher and higher as the traditional end-of-year [...]

All eyes may have been on the rouble this week, but Nigeria is suffering its own currency crisis. Th [...]

Ramin Nakisa, strategist-global asset allocation at UBS Investment Bank, says that global demand for [...]

Festive spirit grips EU leaders as they wrap up their summit a day early with key agreements on a ne [...]

Hackers, moviegoers react to Sony's decision to cancel the release of the movie "The Inter [...]

Japan will release several economic indicators and Bank of Japan Governor Kuroda gives a Christmas d [...]

The Bank of Japan closes 2014 with its last policy meeting without a change in policy, but pressures [...]

 
 

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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Family Office Newswire

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The #1 Family Office Newswire That Empowers Family Dynasties. Over 6,500 Posts and growing rapidly with relevant topics!

Learn from Billionaires How To Handle Your Family Wealth.

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UHNW Wealth Newswire

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The #1 UHNW Wealth Newswire For Living Your Dreams. Over 3,500 Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!

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Follow Enzo on LinkedIn

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Top 1% of LinkedIn Connectors in the World

 

Family Business Newswire

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The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 3,300 Posts On Key Factors To Build A Profitable and Sustainable Business!

Read the latest news

 

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 1,100 posts. Also. learn why some of the greatest philanthropists in history believe in gratitude and giving!

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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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Celebrity Net Worth

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Jeanne Beker Net Worth: Jeanne Beker is a Canadian television personality, fashion designer, author, [...]

Andrew McFarlane Net Worth: Andrew McFarlane is an American actor and former model who has a net wor [...]

 

Reuters Wealth News

NEW YORK (Reuters) - It sounds like the usual setup for a knock-knock joke: Who is the best-selling [...]

SHANGHAI (Reuters) - China on Friday set up its first insurance fund for its $2.1 trillion trust ind [...]

LOUISVILLE, Ky (Reuters) - Louisville, Kentucky officials on Thursday approved an increase to the ci [...]

SEATTLE (Reuters) - Washington state Governor Jay Inslee on Thursday proposed a new tax on capital g [...]

NEW YORK (Reuters) - Investors in U.S.-based funds pulled $831 million out of emerging market stock [...]

NEW YORK (Reuters) - Investors in U.S.-based funds pulled $831 million out of emerging market stock [...]

NEW YORK (Reuters) - John Clendening, the former co-head of Charles Schwab Corp's retail broker [...]

 

MarketWatch Personal Finance

The oil market, a sliding ruble and Sony Pictures led the news, writes Phil van Doorn. [...]

Travel gets more mobile and more personalized in the new year. [...]

A new bill would enable you to pay a surcharge until your estate is sold, writes Diana Furchtgott-Ro [...]

Saving $500 a year isn’t a concern for a wealthy owner of a $100,000 car, writes Tim Mullaney. [...]

Your home and auto insurance rates can be subject to events you may never have known occurred. [...]

The selloff in oil prices is causing sharp losses among Wall Street’s biggest names, like billionair [...]

Connoisseurs of brown spirits are paying heed to Japan. [...]

 

MarketWatch Top Stories

The U.S. stock market ended a turbulent week, which was punctuated with collapse of the ruble, gyrat [...]

In the frenzied, hash-tagging world of Twitter, it’s always good to have a few go-to tweeters, who h [...]

Heating oil is losing market share to natural gas, electricity and other sources. [...]

President Barack Obama criticized Sony Pictures Friday for pulling a movie out of theaters in respon [...]

The Federal Communications Commission proposed new regulations that would treat online video service [...]

When is price-checking often a waste of time, and when will it yield you real savings? [...]

The dollar trades at its highest level against the yen in a week Friday as the Bank of Japan reaffir [...]

 

MarketWatch Pulse

SAN FRANCISCO (MarketWatch) -- News Corp said Friday it had acquired BigDecisions.com in India for u [...]

NEW YORK (MarketWatch) -- Walgreen Co. said on Friday that it plans to withdraw its stock from listi [...]

WASHINGTON (MarketWatch) -- A Russian investment fund called the Marshall Capital Fund was among a g [...]

NEW YORK (MarketWatch) -- Staples Inc. provided on Friday an update to the findings of its investiga [...]

NEW YORK (MarketWatch) -- The U.S. stock market ended a turbulent week with the biggest weekly gain [...]

WASHINGTON (MarketWatch) -- In a statement, Philadelphia Fed President Charles Plosser explained why [...]

NEW YORK (MarketWatch) -- ImmunoGen's stock plunged to a more than four-year low in very-active [...]

 
 
 
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