Call today for further information866-605-8885
 

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 6 other subscribers

 

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

unHeritage

“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

home-1b

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

tumblr_m9i9slrFnP1qj1u29

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

Super Bowl tickets are most expensive everRead full story for latest details. [...]

Seahawks' Paul Allen is the NFL's richest team ownerRead full story for latest details. [...]

January was a terrible month for stocksInvestors probably probably wished they had hibernated this January. It's turning out that it w [...]

Is a $4.5 million Super Bowl ad worth it?Read full story for latest details. [...]

Will the Super Bowl get record ratings?The NFL's Super Bowl is not just the biggest day in sports, it's also the biggest televisi [...]

Fake charities prey on your goodwill to make bankTaking advantage of your goodwill and pocketing your donations is Mission No. 1 for fake charities. [...]

U.S. cracks down on shady '0%' loan companiesFederal regulators are cracking down on smarmy companies that promise to lend people cash with zero [...]

Oops! News sites backtrack on reports Romney is runningRead full story for latest details. [...]

Texas banker: Let the reckless oil companies dieRead full story for latest details. [...]

Anheuser-Busch is a 'Super' stockWill the Seattle Seahawks repeat? Will Tom Brady finally win his fourth Super Bowl? (He can't b [...]

Here's how your desk should be organizedIn the office, your desk is your command center. And experts said how well it's organized can h [...]

NFL gets billions in subsidies from U.S. taxpayersIf you're a U.S. taxpayer then you're subsidizing the wildly profitable National Football [...]

 

CNN Small Business News

Is this the Super Bowl's next GoDaddy?Wix is advertising in the Super Bowl -- but it's just the latest tech unknown to make its debut [...]

Shark Tank contestant may save SkyMallOne of the in-flight catalog's vendors wants to buy the company's assets and reinvent it f [...]

How to skip the pre-blizzard frenzy in storesRead full story for latest details. [...]

Hashtag #money. The business of the pound signFirst introduced in 2007 as way of sifting through Twitter's newsfeed, the hashtag has since sp [...]

Hershey lawsuit angers fans of British chocolate in U.S.Hershey has forced an importer to stop selling proper British chocolates in the United States, anger [...]

Blue collar entrepreneursThese five entrepreneurs took their blue collar experience and parlayed it into entrepreneurial vent [...]

Gaza accelerator gets support from Silicon ValleyRead full story for latest details. [...]

Self-service beer taps coming your wayHate waiting for a cold beer refill? Startup PourMyBeer has a solution -- self-service beer walls an [...]

Uncle Si's Iced Tea maker sues Duck CommanderChinook USA blames 'Duck Dynasty' family for its bankruptcy filing. [...]

Forget actors -- L.A. is full of wannabe Zucks2014 was a banner year for Los Angeles' tech ecosystem. Startups raked in over $3 billion in fu [...]

Uber partners with Boston on traffic dataUber announced a first-of-its-kind partnership to provide ride data to the city of Boston. Don' [...]

Indian startup pays $50 million to compete with YelpZomato acquires IAC-owned Urbanspoon, giving it a major foothold in the U.S. and Australian marketpl [...]

 

CNN Money News

Average 401(k) balance hits record $91,300401(k) balances reached a record high last year, thanks to a soaring stock market and larger contrib [...]

Fake charities prey on your goodwill to make bankTo avoid being suckered into giving money to a bogus charity, the IRS recommends first verifying tha [...]

Taxing the rich: The record under ObamaWhile most of the president's budget proposals to tax the rich have been DOA with Republicans, [...]

Top-paying jobsOrthopedic surgeons take home a median $410,000 in salary and bonus annually. What other great caree [...]

The most important investing ruleRead full story for latest details. [...]

Here's how your desk should be organizedJust a few quick changes to your workspace can help increase your productivity. [...]

Millions to owe Obamacare tax penaltyUp to 6 million uninsured Americans will owe an Obamacare penalty. [...]

IRS to tax cheats: Stop hiding your money offshoreThe IRS said it has carried out thousands of audits of offshore schemes and pursued criminal charges [...]

5 questions to ask a financial adviser before hiring oneTo find a financial adviser who's skilled and trustworthy and not an outright charlatan who jus [...]

Best Jobs in AmericaCNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. [...]

IRS warns of shady tax preparers stealing refundsRead full story for latest details. [...]

What we really need to be better off financiallyRead 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

DETROIT (Reuters) - Honda Motor Co Ltd on Friday said it has confirmed that a Takata Corp air bag in [...]

NEW YORK (Reuters) - U.S. stocks closed down on Friday after a volatile session as investors worried [...]

WASHINGTON (Reuters) - Food distributor Sysco Corp and its biggest rival, US Foods Inc , have offere [...]

DETROIT (Reuters) - Honda Motor Co on Friday said it has confirmed that a Takata Corp air bag inflat [...]

WASHINGTON/SAN FRANCISCO (Reuters) - AT&T Inc spent close to half the total in the record-settin [...]

NEW YORK (Reuters) - U.S. stocks closed down on Friday after a volatile session as investors worried [...]

(Reuters) - Shares of Shake Shack Inc more than doubled on Friday, putting a nearly $2 billion price [...]

 

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

U.S. stocks closed down Friday after a volatile session and weak U.S. growth data. In contrast, shar [...]

Stocks finished off January with a giant thud, as stocks dropped on a weak GDP report. Shares of Sha [...]

Super Bowl Sunday is the biggest TV event of the year. It's also the end of a very bad season f [...]

 
 

Post Tagged with: "Finance"

 
  • Succession Planning for a Family Business

    Succession Planning for a Family Business

    Succession Planning for a Family Business      

     
  •  
  • Financing your Family Business without Going Broke

    Financing your Family Business without Going Broke

    Financing your Family Business without Going Broke Financing is indispensable for the success and growth of your family business. But after you’ve already tapped out your personal funds, and perhaps those of friends or other family members to get your business up and going, you’re going to have to find a way to keep the lights on without going broke. That means you’re going to have to borrow money or obtain credit from a variety of institutional lenders. Business loans and lines of credit will allow you to cover expenses, buy new equipment, manage cash flow, purchase inventory, create new products or services, or expand your business when the circumstances are right. If your business is new and doesn’t have an established credit history, you may need to provide collateral to secure a loan or credit line. This could be any personal assets that you cannot otherwise monetize or afford to spend on the business, but can be utilized as security. Your best bet would be to approach a local bank or credit union where you have a personal relationship and a history of sound money management. If your business does have a positive credit history for at least a year or two, the commercial bank that issued your business credit card is a good place to go to apply for a line of credit. Make sure that you’ve paid the balance on that card promptly each month, and if necessary, let the bank know that you’ve been shopping around and intend to move any accounts to the lender that can provide credit with the best terms. Most banks will want to keep you as a customer. Regardless of the age or reputation of your family business, or where you go for financing, you’re going to have to prove to every lender that it is a financially solid concern, with the capability of long-term survival. So make sure you have all your paperwork in order, including all financial and tax statements, all profit and loss history, as well as a list of contacts for credit references. You’ll also need to provide a pro forma to each potential lender. This will be a description of how you intend to utilize your loan or line of credit, how it will affect your cash flow, and how you anticipate paying back the money you’re going to borrow. Once you’ve secured funding, make sure you stick religiously to a repayment schedule. As you continue to display credit worthiness, you will be able to increase your credit limit, borrow at more favorable rates, and most important, keep the business going without going broke. Al Krulick is an award-winning journalist with dozens of years of writing experience. He writes and blogs for Debt.org.

     
  •  
  • Building a Dream Team, Part 1

    Building a Dream Team, Part 1 This episode of Finance Talk explores how advisors can align with third-party professionals in order to provide more comprehensive services.

     
  •  
  • Terry Savage: How Much Money Do You Need to Retire?

    Terry Savage: How Much Money Do You Need to Retire? Terry’s financial expertise comes from experience. she started her career as a stockbroker, and became a founding member – and the first woman trader – on the chicago board options exchange. Terry offers advice ranging from investments to withdrawal calculations to long-term care insurance — to make sure your money lasts as long as you do! Columnist and commentator Terry Savage delivers straight talk on: Putting time to work in building a nest egg How credit card debt can work against you The best place to grow your money Where to find free personalized advice Terry Savage is a nationally known expert on personal finance and a regular television commentator on CNN, CNBC, PBS, and NBC on issues related to investing and financial markets. She is the nationally syndicated Chicago Sun-Times personal finance columnist.  

     
  •  
  • Didier Sornette: How we can predict the next financial crisis

    Didier Sornette: How we can predict the next financial crisis The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. (And he’s seeing it happen again, right now.) Didier Sornette studies whether it is possible to anticipate big changes or predict crises in complex systems. WHY YOU SHOULD LISTEN TO HIM? While financial crashes, recessions, earthquakes and other extreme events appear chaotic, Didier Sornette’s research is focused on finding out whether they are, in fact, predictable. They may happen often as a surprise, he suggests, but they don’t come out of the blue: the most extreme risks (and gains) are what he calls “dragon kings” that almost always result from a visible drift toward a critical instability. In his hypothesis, this instability has measurable technical and/or socio-economical precursors. As he says: “Crises are not external shocks.” An expert on complex systems, Sornette is the chair of entrepreneurial risk at the Swiss Federal Institute of Technology, and director of the Financial Crisis Observatory, a project to test the hypothesis that markets can be predictable, especially during bubbles. He’s the author of Why Stock Markets Crash: Critical Events in Complex Financial Systems. “Didier Sornette has immersed his life in risk.”  Wall Street Journal  

     
  •  
  • The American Family Financial Crisis

    The American Family Financial Crisis Some pretty alarming statistics of the American family’s financial reality. Let’s all change this with one step at a time and make sure that you have a process for making smart financial decisions in your life. It’s time to take charge of our finances and reverse this trend.  

     
  •  
  • My parents won’t listen to my money advice!

    My parents won’t listen to my money advice! Even if your parents don’t trust your judgment, you can still steer them in the right financial direction.  

     
  •  
  • Mike Koenigs Interviews John Assaraf About Brain Performance and Shattering Your Financial Goals

    Mike Koenigs Interviews John Assaraf About Brain Performance and Shattering Your Financial Goals Do you ever feel like there’s an invisible barrier preventing you from reaching your financial goals … … no matter how hard you work, how diligent you are in managing your money, and how much you learn? Well, the world’s top neuroscientists and brain experts say … you’re right! Science has proven that every human being is conditioned to earn only a certain amount of income. Some people are conditioned to earn $30,000 or $50,000. Others are conditioned to earn $250,000 or even $500,000… But the bottom line is … you have a financial “glass ceiling“! Scientists now know that you will NEVER outperform your own internal hidden financial self-image. Your current financial results are nothing more than old neural patterns, beliefs, perceptions and habits that you’ve accumulated over your life. But brainscan studies have PROVEN something really exciting… You can re-wire and strengthen the key areas in your brain that control your conscious thoughts AND subconscious feelings and emotions that influence every financial and business decision you make. This requires applying the right brain-training methodologies and technologies in the right way … so you can to replace limiting beliefs, behaviors, and habits that are currently keeping you stuck.  

     
  •  
  • Cindy David – What Every Canadian Must Know About Life Insurance

     
 
 
 

one

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

Check out over 20,000 Complimentary Posts from Enzo Calamo

 

Family Office Newswire

Gold Award

The #1 Family Office Newswire That Empowers Family Dynasties. Over 7,200 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

Read the latest news

 

UHNW Wealth Newswire

home-bgMain

The #1 UHNW Wealth Newswire For Living Your Dreams. Over 4,500 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!

Read the latest news

 

Follow Enzo on LinkedIn

LinkedIn-Logo-150x150

Top 1% of LinkedIn Connectors in the World

 

Family Business Newswire

Family-business

The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 3,500 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!

Read the latest news

 

Philanthropy Newswire

o-PHILANTHROPY-facebook

The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,100 Complimentary posts. Also. learn why some of the greatest philanthropists in history believe in gratitude and giving!

Read the latest news

 

UHNW Real Estate Newswire

REALTOR_GuideToCommercialRealEstate_2

The #1 UHNW Real Estate Newswire for Luxury Homes and Commercial Real Estate.

Read the latest news

 

Lugen Family Office Proudly Supports AIP

AIP Logo

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

 

Recent Blog Posts

 

Twitter Widget

 

Celebrity Net Worth

Watch out Spotify and Beats Music. Jay-Z is entering the streaming music industry with a big and une [...]

Britney Tankard net worth: Britney Tankard is an American reality television personality who has a n [...]

DisneyCollectorBR net worth: DisneyCollectorBR is a Brazilian YouTube personality who has a net wort [...]

Markiplier net worth: Markiplier is an American actor, voice actor, comedian, and YouTube personalit [...]

Dave Becky net worth: Dave Becky is a film and television producer who has a net worth of $10 millio [...]

Scott Kelly net worth: Scott Kelly is an American astronaut, engineer, and retired United States Nav [...]

Robert Urich net worth: Robert Urich was an American actor and producer who had a net worth of $3 mi [...]

Josie Bissett net worth: Josie Bissett is an American actress who has a net worth of $3 million. Jos [...]

Angela Ahrendts net worth: Angela Ahrendts is an American businesswoman who has a net worth of $100 [...]

Andy Dalton net worth: Andy Dalton is an American professional football quarterback who has a net wo [...]

 

Reuters Wealth News

NEW YORK (Reuters) - Guggenheim Investments is considering launching one or more currency-hedged exc [...]

U.S. mutual funds that invest in companies they view as socially responsible are posting better retu [...]

CHICAGO (Reuters) - Stanford University welcomed 25 unusual students onto its campus this month - al [...]

NEW YORK (Reuters) - Investors worldwide poured $3.8 billion into stock funds in the week ended on W [...]

LONDON (Reuters) - European investment managers placed their bets firmly on stocks in January, antic [...]

LONDON (Reuters) - World investors increased cash holdings in January as they braced for a choppy ye [...]

(Reuters) - U.S. fund managers recommended increasing cash allocations to their highest in at least [...]

BOSTON (Reuters) - Hedge fund mogul William Ackman is ready to make a new bet, not on a stock this t [...]

BOSTON (Reuters) - Hedge fund Pershing Square Capital Management is pressing for seats on animal hea [...]

NEW YORK (Reuters) - The U.S. Treasury Department said on Thursday it will sell $26 billion of three [...]

 

MarketWatch Personal Finance

The highest court will hear cases on challenges to gay marriage bans in four states and decide wheth [...]

What to do when siblings don’t make it into your parents’ wills, and why to save for a snowy day. [...]

Winter can take a toll on how you look and feel. Here are beauty products that makeup artists recomm [...]

There are no billionaires on the list, but Jay-Z and Beyonce, when added together, come close. [...]

Robo advisers: They sound like something out of a sci-fi movie, but really they’re the latest—techie [...]

The Greek elections, crude oil and Apple’s blowout quarter led the news, writes Phil van Doorn. [...]

Housing debt is the primary reason for growing debt loads among retired Americans. [...]

Financial planning may become a lot easier for same-sex couples if the Supreme Court rules extend th [...]

 
 
 
Translate »