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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

Is Liberty Global stalking Vodafone?Shares in British telecoms group Vodafone have surged by roughly 11% in London in the past three day [...]

Brian Williams edited out of veterans show he hostedNBC "Nightly News" anchor Brian Williams hosted this year's Lincoln Awards in January [...]

She's $10M richer for replacing plastic bottlesPlastic water bottles are a divisive issue for many consumers, but not for Sarah Kauss. [...]

Netflix to wish you 'A Very Murray Christmas' this DecemberMove over Rudolph and Frosty, here comes Bill Murray. [...]

Big Tobacco goes into battle over plain packagingRead full story for latest details. [...]

Theme parks ready for summer -- and their stocks are soaringThe stock market often seems like one big roller coaster. So why not invest in roller coasters? [...]

Bank CEO to bankers: Where are your values?When five of the world's biggest banks were busted this week for manipulating the cost of dolla [...]

 

CNN Small Business News

She's $10M richer for replacing plastic bottlesSarah Kauss launched S'well to rid the world of plastic water bottles. In five years, she' [...]

Startup offers 'gateway drug for private flying'For $2,000 a month, Beacon will offer unlimited flights between New York and Boston -- and plans to [...]

Watch out for this all-girls' robotics teamBeaumont School's all-girls robotics team broke stereotypes at the national championship. [...]

She's the queen of million-dollar verdictsRead full story for latest details. [...]

Investing is 'God-like,' says Shark Tank starPresident Barack Obama and investors from the show "Shark Tank" spoke about succeeding in [...]

Philadelphia CEO killed in Amtrak crashApprenNet CEO Rachel Jacobs was killed in the Amtrak crash on her commute home to New York. [...]

Goodbye to Mark Zuckerberg's sweaty hoodieRead full story for latest details. [...]

 

CNN Money News

It's getting more expensive to be a renterRents increased 4% in April from last year while home values only rose 3% during the same time perio [...]

I spent $1,000 to be a bridesmaid. Here's how not to do thatWedding costs adding up? Try renting your dress, hunt for deals on bachelorette outings, and borrow [...]

Worried about your job? Get used to itOnly a quarter of workers worldwide enjoy a "stable employment relationship," a new report [...]

U.S. and Israel have worst inequality in the developed worldThe U.S. and Israel have the worst levels of income inequality in the developed world, according to [...]

These restaurants don't take tipsA handful of restaurateurs have started 'no tipping' policies. Here's why, and how th [...]

3 steps to a safer retirement stashYou want to keep your retirement savings safe, but you also want investment gains. To manage the bal [...]

Summer travel delays are the worst in this city's airportsRead 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

SAN FRANCISCO/LONDON (Reuters) - French telecommunications group Altice SA is talking to several ban [...]

NEW YORK (Reuters) - The U.S. Federal Reserve is likely to stick with plans to raise interest rates [...]

RIGA (Reuters) - European leaders told Greece on Friday to return to the negotiating table for [...]

(Reuters) - Wall Street was mixed in early trading on Friday as investors digested data that showed [...]

WASHINGTON (Reuters) - U.S. consumer prices moderated in April on weak gasoline prices, but rising s [...]

LONDON (Reuters) - A shortage of prime office space in rival European financial centres may torpedo [...]

HELSINKI (Reuters) - Nokia is in no hurry to sell its mapping unit HERE despite receiving high quali [...]

 

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 [...]

NEW YORK (Reuters) - The U.S. dollar hit a 1-1/2-week low against the safe-haven yen on Tuesday afte [...]

BUENOS AIRES (Reuters) - Crunch time for Argentina fixing its debt default will almost certainly not [...]

 
 

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 […]

     
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  • 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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Family Office Newswire

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The #1 Family Office Newswire That Empowers Family Dynasties. Over 10,000 Complimentary Posts and growing rapidly with relevant topics!

Learn from Billionaires How To Handle Your Family Wealth.

ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON BUSINESS

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

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UHNW Finance and Wealth Management Newswire

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The #1 UHNW Wealth Newswire For Living Your Dreams. Over 6,800 Complimentary Posts on important topics that show you the Secrets of Accumulating and Preserving Wealth!

ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON FINANCE AND WEALTH MANAGEMENT

"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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The #1 Philanthropist Newswire For Leaving A Legacy From The Heart. Check out the latest trends in philanthropy today with over 1,300 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!

ENZO CALAMO IS A GOLD AWARD NEWS CURATOR ON PHILANTHROPY

"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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The #1 Family Business Newswire That Helps You Move From Success to Significance. Over 4,700 Complimentary Posts On Key Factors To Build A Profitable and Sustainable Business!

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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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Celebrity Net Worth

On David Letterman's final show, 10 extremely rich celebrity guests presented the final Top 10 [...]

Pablo Picasso's "Women of Algiers" smashed the auction record when it grabbed $180 mi [...]

Turns out there are certain perks associated with being a two-time Formula One world champ after all [...]

Here's a look at the most luxurious private islands for sale right now.Read more: 7 Private Isl [...]

There has been a lot of press of late about the incredible compensation earned by the top CEOs in th [...]

Imagine making $15 million to NOT show up to your job. Actually it could be more like $25 million. H [...]

David Koch is the younger half of the dreaded Koch brothers and part-owner of Koch Industries, a con [...]

If you think you're having a bad day, it probably isn't quite as bad as Chinese businessma [...]

David Letterman owns a racing team, was blackmailed, his son was almost kidnapped, and he produced E [...]

LeBron James has made a lot of money over his career, but will he ever make enough to be able to cal [...]

 

Reuters Wealth News

(Reuters) - Investors worldwide pulled $8.5 billion out of funds that specialize in U.S. stocks in t [...]

LONDON (Reuters) - One hallowed feature of Britain's finances is a tax break for individuals ca [...]

That's the theory underlying a move by a growing number of mutual fund managers at companies in [...]

NEW YORK (Reuters) - Investors in U.S.-based funds pulled $597 million out of funds that specialize [...]

(The opinions expressed here are those of the author, a columnist for Reuters.) [...]

NEW YORK (Reuters) - Investors in U.S.-based funds pulled $597 million out of funds that specialize [...]

TORONTO (Reuters) - The Canada Pension Plan Investment Board (CPPIB), one of the world's bigges [...]

NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said Thursday that mutual funds will i [...]

SAN FRANCISCO (Reuters) - In Goldman Sachs Group Inc's latest move to bolster its street cred a [...]

NEW YORK (Reuters) - The Pimco Total Return Fund, which last month lost its crown as the world' [...]

 

MarketWatch Personal Finance

California as a great place to live, presidential tweeting and oil-price fears led the news. [...]

Chuck Jaffe explains three ways Tibble vs. Edison International could change retirement savings. [...]

Drink this non-alcoholic beer if you’re driving Memorial Day weekend. [...]

The equity market, evidence shows, tends to do worse this time of year, writes Mark Hulbert. [...]

We’ve entered a new normal, in which crude costs will remain low for a long time. [...]

There’s more to your middle years than yachts, divorce and plastic surgery. [...]

Omaha becomes a very different kind of town during Berkshire Hathaway’s annual meeting. [...]

How to make smart choices when you embark on your adult financial life. [...]

 
 
 
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