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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.

To learn more, click here

 

CNN Financial News

Royal baby: Gamblers expect Princess AlicePrincess Alice has not been born yet and she's already making betting companies nervous. [...]

Tech isn't just for nerdy boys with glassesTech's gender parity issues made a big screen debut at the Tribeca Film Festival. [...]

BuzzFeed admits it bowed to business pressure by deleting postsBuzzFeed admitted over the weekend that it scrubbed at least three posts over complaints from advert [...]

Why Stephen Colbert says he didn't want to replace Jon StewartEven Stephen Colbert didn't want to be the one to replace Jon Stewart on "The Daily Show. [...]

'This is a new low even for Walmart,' say fired workersRead full story for latest details. [...]

French lawmakers want Google to give up its secret search codeFrench lawmakers want Google to give up its search code. [...]

Elon Musk considered selling Tesla to Google: reportElon Musk negotiated a sale of Tesla to Google and shook hands on the talks, but a deal never came t [...]

Pakistan lands $46 billion investment from ChinaPakistan spared no expense in rolling out the red carpet for Chinese President Xi Jinping on Monday. [...]

ESPN rips Verizon: We must be part of basic cableESPN is opposing Verizon's move to let its FIOS customers pick whether to get the popular sport [...]

Hospitals pack up in poor areas, move to wealthier onesSt. Elizabeth's Hospital has been a downtown bedrock of Belleville, Illinois, since 1875. [...]

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

2 dead dogs, $1,200 in fines and facing arrestAfter spending more than a month taking care of her dying father in 2010, Texas resident Karen Augus [...]

 

CNN Small Business News

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 [...]

Radiator 'cozies' cut energy use by 40%Startups are some of the few organizations capable of very rapid, efficient growth and have the pote [...]

How this investor is bridging the 'bravado gap'Prominent angel investor Joanne Wilson, known as Gotham Gal, is teaming up with DreamIt Venture [...]

This refrigerator runs on water and sunlightTo help combat food spoilage in rural communities, the team behind Evaptainers developed a portable [...]

These startups thrive on being 'unreasonable'The Unreasonable Institute wants one thing: Entrepreneurs unafraid to think outside the box to tackl [...]

 

CNN Money News

When one partner makes more than the otherIt's likely that one person in a relationship is going to make more money, here's how to a [...]

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

2 dead dogs, $1,200 in fines and facing arrestTexas resident Karen Augustine's two dogs were seized by animal control for being loose in her [...]

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' kidsAshlynne Haycock, an orphan of military parents, has helped more than 600 families pay for college a [...]

Earning $75,000, but living paycheck to paycheckA survey found that households are spending too much on dining out and entertainment, which is keepi [...]

College enrollment rate surges for black high school gradsRead full story for latest details. [...]

Dirty tax secrets: The little lies we tell on our taxesBoosting a number here, reducing a number there. Whether inadvertently or intentionally, a lot of us [...]

40 years of the American homeHow the typical home has evolved - price, size, interiors. [...]

Behind on retirement savings? Here are 3 ways to catch upRead full story for latest details. [...]

Where the gender pay gap is the widestNationwide, women make 78 cents to ever dollar a man earns. Here's a breakdown of the gender pa [...]

 

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

FRANKFURT (Reuters) - Were Greece to leave the euro, it would not have the same impact on the euro z [...]

HONG KONG (Reuters) - Hutchison Whampoa Ltd , controlled by Asia's richest man Li Ka-shing, and [...]

NEW YORK (Reuters) - U.S. stocks rose on Monday, cutting into the previous session's sharp decl [...]

ITABORAÍ, Brazil (Reuters) - For the 20 men hanging on at the Pousada do Trabalhador, a 600-bed boar [...]

LONDON (Reuters) - Oil prices rose in a volatile day of trading on Monday as concerns over tension i [...]

PARIS (Reuters) - Chinese tourists spent a record amount on luxury goods last month, helped by shopp [...]

(Reuters) - Wall Street investment bank Morgan Stanley reported its most profitable quarter since th [...]

 

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: "True Wealth"

 
  • You are searching the world for treasures but the real treasure is yourself – Rumi

    You are searching the world for treasures but the real treasure is yourself – Rumi

    You are searching the world for treasures but the real treasure is yourself – Rumi  

     
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  • True Wealth versus Money

    True Wealth versus Money

    True Wealth versus Money

     
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  • What is Seven Generation Thinking?

    What is Seven Generation Thinking?

    In today’s society, it is very easy to think that estate planning or succession planning is only about your immediate nuclear family. However, as Thich Nhat Hanh reminds us:   “If you look deeply into the palm of your hand, you will see your parents and all generations of your ancestors. All of them are alive in this moment. Each is present in your body. You are the continuation of each of these people.”   With Seven Generation Thinking, the goal is to take a long term perspective of where you  want your family and business to be in 150 years. Obviously, chances of you,  or any of your immediate generation family members, surviving this full cycle are slim. However, it must be said that with new scientific breakthroughs occurring on a daily basis,  the previous statement on longevity may dramatically change in a few years. Therefore, your objective with Seven Generation Thinking is to plant the seeds of success and significance today for future generations..   The best way to visualize Seven Generation Thinking is to follow these seven processes and principles to manifest it:   1) Respecting Traditions: Keep alive the memories and stories of past generations, along with the important values and traditions that you and your family are currently following and respect. 2) Utilizing, Documenting, and Preserving Best Practices: Every member of your family has unique abilities and gifts that contribute to your family’s success. It is important that you develop a process to properly utilize, capture, and preserve those gifts for the current and future generations. It is folly to presume that your family will have those unique strengths easily available within the next generation. 3) Finding Common Ground: In order to bring together your current family, and keep future generations unified, it is critical to find common ground that everyone is willing to support. Becoming a significant inter-generational family requires a higher purpose that all family members are willing to work towards. 4) The Whole is Greater than the Sum of its Parts: Too often families confuse material success with true wealth. Just because one particular family member earns more money, or accumulates more material wealth, than other family members, it is important to remember that material wealth cannot be taken with you once you pass on. True wealth involves creating a pooled resource for the family, also known as the family’s culture, that captures each family member’s unique abilities, the various family life stories, intellectual capital, financial capital, experiential capital, relationship capital, and spiritual capital. 5) Life is the Ultimate Gift: Unfortunately one of the biggest crises of our time is that human life is being devalued in relationship to material wealth. In reality, every living being is already a trillionaire, at least in the living cells that create your body. It is important to remember that your treasure is meant to support your time and talent so you can fulfill your life purpose. Unfortunately, too many families have fallen into the trap […]

     
  •  
  • Managing your Family’s True Wealth

    Your Family’s True Wealth is all-inclusive. If we were building your Family’s actual “Life Net Worth”, your assets would include the aggregate of the following for each family member:   1) Personal Capacities: What do you think, feel, and do wth your life and time? What are you doing about your health? 2) Relational Capacities: Who are the most important relationships in your life? What are you doing to nourish them? Who is in your World – family, friends, colleagues, professionals, community, church, country, etc. 3) Material and Lifestyle Capacities: What do you have in your life? Do you match your cash flow to your values? What are you attracting into your life and does it help you fulfill your life purpose? Are you living the life of your dreams? Are you being true to yourself or are you building assets for the sake of having the assets or to impress people you do not really care about? 4) Experiential Capacity: What are your core values? What meanings have you attached to your life experiences? What are you passionate about? Do you have a Bucket List of the most important things you want to experience while you are alive? 5) Spiritual Capacity: Are you a human being trying to develop your notion of a spiritual life OR are you a spiritual being living a values based human life? Are you a steward of God’s Will? Do you believe in a cause greater than yourself for the benefit of others?   Marian Wright Edelman says, “Service is the rent we pay for living. It is the very purpose of life, and not something you do in your spare time.” Richard Leider, in his book, “The Power of Purpose,” describes the following advice that Cancer Therapists Carl and Stephanie Simonton tell their patients,   “You must stop and reassess your priorities and values. You must be willing to be yourself, not what people want you to be because you think that is the only way you can get love. You can no longer be dishonest. You are now at a point where, if you truly live, you have to be who you are.” This is something all of us should remember each day since one day will truly be our last. Leave your World a better place rather than leaving it with regrets.

     
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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

 

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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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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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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.

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AIP Ambassador, Past President

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Reuters Wealth News

(Reuters) - Wall Street investment bank Morgan Stanley reported its most profitable quarter since th [...]

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday left intact the 2012 insider trading convict [...]

NEW YORK (Reuters) - Jon Corzine, the former chief executive of bankrupt financial services firm MF [...]

NEW YORK (Reuters) - The U.S. high-yield credit market, which has benefited from massive flows in th [...]

(Reuters) - Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, re [...]

SAO PAULO (Reuters) - Grupo BTG Pactual SA's push to grow outside Brazil is an attempt to seize [...]

(Reuters) - TPG Capital LP has named Todd Sisitsky its new North American private equity head, peopl [...]

NEW YORK (Reuters) - U.S. banks are reporting that companies are tapping more of their credit lines [...]

(Reuters) - The U.S. Federal Reserve may allow big banks to use some municipal bonds to meet new liq [...]

CHICAGO Reuters) - Some U.S. workers who have paid into the Social Security system are in for a rude [...]

 

MarketWatch Personal Finance

Good news for the richest 10%. Bad news for everybody else. The rich just keep getting richer. The r [...]

When good manners and frugality collide. [...]

It’s a step in the right direction, but it’s not a massive overhaul to the system [...]

OPEC expects U.S. oil production to decline later this year, so this may be the best time to buy oil [...]

Britt McHenry’s rant at a tow truck company’s employee was caught on camera. What it means to live i [...]

The investments have been strong performers and feature high yields, says Phil van Doorn. [...]

Dennis Doyle went to every home and away game the New York Knicks played this season. Here’s what he [...]

Will equities string together a significantly rally? The answer was no, with a Friday exclamation po [...]

 

Reuters Business Video

A surge in trading revenue pumped up Morgan Stanley's quarterly profit 60 percent. Fred Katayam [...]

EU foreign ministers promised to do more to stop migrant deaths in the Mediterranean after a weekend [...]

From boom to bust - the fall in the price ore iron has been spectacular. It's fallen by nearly [...]

 
 
 
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