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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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  • Russian ruble firms sharply as government pressures exporters December 17, 2014
    MOSCOW (Reuters) - Russia's ruble strengthened sharply on Wednesday after dramatic falls on the previous two days as the government pressured exporters not to hoard foreign-currency earnings and the central bank announced new measures to support financial stability.
  • Takata says has sufficient funds to deal with recalls: Nikkei December 17, 2014
    TOKYO (Reuters) - Air bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.
  • Nissan recalls autos in Mexico to check Takata air bags December 17, 2014
    MEXICO CITY (Reuters) - Automaker Nissan said on Wednesday it has ordered the recall more than 80,000 vehicles sold in Mexico to check for potential defects stemming from air bags made by Japanese company Takata .
  • Wall St. rallies after Fed, energy gains; S&P 500 posts best day since 2013 December 17, 2014
    NEW YORK (Reuters) - The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates.
  • Fed confident on U.S. growth, opens door wider to rate hike December 17, 2014
    WASHINGTON (Reuters) - The Federal Reserve on Wednesday offered a strong signal that it was on track to raise interest rates sometime next year, altering a pledge to keep rates near zero for a "considerable time" in a show of confidence in the U.S. economy.
 

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  • Fed tweaks language, delights investors December 17, 2014
    Citing a stronger economy, the Fed announces a patient approach to rate hikes in 2015. Shartia Brantley reports
  • Stocks rally after Fed switches "considerable time" to "patience" in reference to rates hike December 17, 2014
    The S&P 500 had its best day of the year after a wording change in the central bank's policy statement- betting a rate hike won't come too soon. Bobbi Rebell reports.
  • New York bans fracking December 17, 2014
    New York announced Wednesday it will ban hydraulic fracturing in the state after a long-awaited report concluded that the oil and gas production process poses health risks
  • Rough Cut - Fed's Janet Yellen faces the media December 17, 2014
    Fed Chair Janet Yellen talks about the Fed's change from "considerable time" to "patience" in deciding when to raise interest rates, along with the impact of lower oil prices, and foreign economic troubles. Rough cut. No reporter narration.
  • Greek poll sends jitters through Europe December 17, 2014
    Five years after it sparked a debt crisis that threatened the euro's survival, Greece is making its European partners nervous again with an election that many fear could, ultimately, put the anti-reform Syriza party into power. Amy Pollock reports.
 
 

Post Tagged with: "Philanthropy"

 
  • New Physics of Philanthropy by Dr. Paul Schervish

    New Physics of Philanthropy by Dr. Paul Schervish

      A new set of vectors now surround donors. Akin to the vectors of physics, these new vectors include the tendency of donors to (1) seek out rather than resist venues for charitable giving, (2) approach their philanthropy entrepreneurially, meaning they seek personally to make a creating and distinctive impact, (3) consider that care for the needs of others is a path for their own self-fulfillment, and (4) view philanthropy as a key ingredient of the financial morality they wish to live and impart to their children. These vectors increasingly become allies, not enemies to overcome. They represent how material and spiritual wherewithal come together as a more important aspect of moral biography for a larger number of individuals. In my view, people are inclined to seek happiness; and therefore live a gospel of life. Second, they are their own best teachers since they have to internalize the meaning and goals of life, including philanthropic decision, for themselves. Finally, there is a new inclination for people to see how their gospel of life is directly connected to financial care and philanthropy: for themselves, their children, their churches, and their world.   Why People Give Using the New Physics of Philanthropy?   1) Discernment Discernment in the realm of philanthropy has a two-fold mission: to help people discern from their own perspective their financial capacity and their charitable aspirations, that is their empowerment and moral compass. To accomplish this without the imposition of law, discernment needs to be exercised in an atmosphere of liberty and inspiration.    There are several steps in carrying out the conscientious self-reflection and decision making associated with spiritual discernment. First, discernment helps individuals to uncover for themselves their financial capacity by clarifying their resource stream and their expense stream. Discernment around the resource stream clarifies what financial resources are available now and in the future. Discernment around the expense stream clarifies what resources are needed to achieve the standard of living individuals’ desire for themselves and their children. This requires conscientious considerations about current and future consumption. Any positive gap between resources and expenses provides a potential for charitable giving, and relative financial security, and liberates an inclination towards charitable giving.    2) Identification   Through hundreds of interviews with wealth holders and middle income individuals, I have found that the key motivation for charitable giving is not selflessness but the identification of self. Our modern notion of altruism was developed in part to counter the utilitarian concept of human nature revolving around the rational calculation of self-interest. A deeper alternative is to think about the quality of self rather than the absence of self. Thomas Aquinas suggests a different way to rethink the issue of self. Rather than eliminating the self, Aquinas speaks instead about the unity of love of God, love of neighbour, and love of self. The key is the identification of my self with the fate of others as if it were my own.    3) Gratitude   By probing further into “why people give” with the question, “Why are you grateful?” […]

     
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  • Amplify the money you give | Kat Rosqueta

    Amplify the money you give | Kat Rosqueta       The word “philanthropist” evokes the names of billionaire donors – Rockefeller, Gates, Pew – but in reality, most charitable giving comes from regular people giving smaller amounts. How can you, the non-billionaire, do the most good with what you give? Kat Rosqueta shows how to become a high-impact philanthropist, with a few tips for getting more engaged with your donations – one dollar, one cause, at a time. Kat Rosqueta wants to reclaim the word “philanthropist.” She believes the word is not just for Rockefellers; rather, a philanthropist is anyone who gives money, time or skill with the goal of helping make the world better, at any scale. Rosqueta is the founding executive director of The Center for High Impact Philanthropy, part of the School of Social Policy & Practice (SP2) at the University of Pennsylvania. Her group works to collect and report data from charities, to show philanthropists how well they are doing at giving. Beyond simple metrics like staff overhead, everyone wants to know: does our chosen charity make a difference?

     
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  • Chuck Feeney – Recipient Of The Forbes 400 Lifetime Achievement Award For Philanthropy

    Chuck Feeney: Recipient Of The Forbes 400 Lifetime Achievement Award For Philanthropy   Warren Buffett commends the founder of Atlantic Philanthropies, an organization that has pledged more than $6.5 billion in grants to promote education, health, peace and human dignity throughout the world. 

     
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  • Bill and Melinda Gates: Why giving away our wealth has been the most satisfying thing we’ve done

    Bill and Melinda Gates: Why giving away our wealth has been the most satisfying thing we’ve done   In 1993, Bill and Melinda Gates—then engaged—took a walk on a beach in Zanzibar, and made a bold decision on how they would make sure that their wealth from Microsoft went back into society. In a conversation with Chris Anderson, the couple talks about their work at the Bill & Melinda Gates Foundation, as well as about their marriage, their children, their failures and the satisfaction of giving most of their wealth away. 

     
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  • ARTHUR M. BLANK on The Giving Pledge

    ARTHUR M. BLANK on The Giving Pledge

    ARTHUR M. BLANK on The Giving Pledge   “Now, as I approach my 70th birthday, I am more committed than ever to making a difference through philanthropy. The needs in our society are more profound than at any point in my lifetime. The gap between rich and poor in America is growing. Philanthropy alone cannot repair all of the social injustice in our country or the world. It can, however, inspire good will, spark innovation and provide thought leadership.”  

     
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  • Philanthropy – A Conversation with Dr. Maya Angelou

    Philanthropy – A Conversation with Dr. Maya Angelou   Northern Trust’s Director of Philanthropic Services Marguerite Griffin talks to Dr. Maya Angelou at the National Museum for Women in the Arts on the importance of philanthropy. 

     
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  • Spanx Billionaire Sara Blakely On Giving Her Fortune Away

    Spanx Billionaire Sara Blakely On Giving Her Fortune Away

    Spanx Billionaire Sara Blakely On Giving Her Fortune Away    

     
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  • Installing Values In Children Through Playtime Activities: Michael Bakas

    Installing Values In Children Through Playtime Activities: Michael Bakas   Michael Bakas is a Materials Scientist with a Ph.D in Ceramic and Materials Engineering from Rutgers University. He is an active member of Toastmasters International and recently won the District 15 Humorous Speech Contest in Boise, ID. Bakas hails from the great state of New Jersey, and currently lives and works in Idaho Falls, ID.  

     
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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. 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

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  • British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch December 17, 2014
    After losing her wallet one night, a British student found herself stranded with no way to pay for a subway. She ended up being saved by a "homeless hero". Now that selfless act is being returned in a BIG way.Read more: British Student Launches Miraculous Fundraiser For "Homeless Hero" Who Helped Her In A Pinch
  • Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months December 17, 2014
    It's not a good time to be a Russian billionaire. As a result of western sanctions, falling oil prices and an imploding Russian economy, Vladimir Putin's billionaire buddies are seeing their fortunes evaporate.Read more: Vladimir Putin's Billionaire Buddies Have Lost An Astounding Amount Of Money In The Last Few Months
  • Jose Diaz-Balart Net Worth December 16, 2014
    José Díaz-Balart Net Worth: José Díaz-Balart is a Cuban-American journalist and television anchorman who has a net worth of $5 million. José Díaz-Balart wasRead more: Jose Diaz-Balart Net Worth
  • Gabriel Porras Net Worth December 16, 2014
    Gabriel Porras Net Worth: Gabriel Porras is a Mexican actor who has a net worth of $8 million. Gabriel Porras was born February 13,Read more: Gabriel Porras Net Worth
  • Pablo Alborán Net Worth December 16, 2014
    Pablo Alborán Net Worth: Pablo Alborán is a Spanish musician, singer and songwriter who has a net worth of $10 million. Pablo Moreno deRead more: Pablo Alborán Net Worth
 

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