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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

To learn more, click here

 

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.

To learn more, click here....

 

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

New Cadillac with nifty security feature unveiledCadillac's new CT6 full-sized flagship sedan, unveiled Tuesday night before the New York Intern [...]

Walmart to Arkansas gov.: Veto religious freedom lawWalmart's CEO is standing up against a religious freedom law that just landed on the governor [...]

Will Instagram shut down this 17-year-old's app?It's a 17-year-old kid against a $35 billion company. [...]

100 students refuse to pay their loansDawn Thompson racked up $155,000 in student loans for a Corinthian College degree that proved worthl [...]

Lufthansa's insurers put aside $300 million for Germanwings crashLufthansa's insurers are putting aside $300 million to cover the costs of last week's fata [...]

Amazon Dash: Never run out of toilet paper againRead full story for latest details. [...]

Poor families spend $600 more on prom than wealthier onesPoor families plan to spend more than 5% of their income on prom this year, according to a new surve [...]

April Fools! Virgin launches elaborate prankRichard Branson got a jump on April Fool's day with a characteristically over-the-top prank. [...]

Low-wage workers plan major strikeLabor activists announced plans Tuesday to hold what they're calling the largest-ever strike by [...]

Facebook Scrapbook lets you tag kids, petsRead full story for latest details. [...]

Judge tells Robin Williams' family to settle out of courtA judge hearing a dispute between Robin Williams' widow and his adult children has told them to [...]

Stocks are up so far in 2015, but the wild ride isn't overThe stock market is ending the first quarter pretty much where it began the year. But it's hard [...]

 

CNN Small Business News

The futuristic bed that locks the door, brews coffeeMeet Luna, the tech-enabled mattress cover that just raised over $1.1 million on Indiegogo. [...]

How tracking devices are keeping Alzheimer's patients safeThere are over 125,000 search-and-rescue missions for Alzheimer's patients every year. This tec [...]

Think there's a startup bubble? Bet $100K on it.Read full story for latest details. [...]

This startup could help thwart school bombingsRead full story for latest details. [...]

Meerkat announces $14 million in fundingLive streaming startup Meerkat announced via livestream that it raised $14 million in funding from i [...]

Meerkat who? Introducing PeriscopePeriscope, acquired by Twitter in January, lets users live broadcast from their mobile devices. [...]

The great tech debate: Are we in a bubble or not?Here's a roundup of where some powerful Silicon Valley investors stand. [...]

Think there's a startup bubble? Bet $100K on it.Y Combinator president Sam Altman says there's no bubble -- that companies like Uber, Dropbox a [...]

9 reasons to be hopeful about women in techThese startups are working to leverage technology to level the playing field for minorities and wome [...]

Wanted: Female entrepreneursStartup hub American Underground is aggressively courting women- and minority-led startups. [...]

Send your texts 25 years into the futureAn app released this month lets you send messages, pictures, videos and voicemails to friends and fa [...]

Biased job ads: This startup has a fixBehind cybersecurity, lack of diversity is the next issue threatening companies. Laura Mather, found [...]

 

CNN Money News

Poor families spend $600 more on prom than wealthier onesRead full story for latest details. [...]

Half of Americans are saving next to nothingRead full story for latest details. [...]

Job interview? Beat the millennial stereotypeRead full story for latest details. [...]

The average tax refund is now $2,893The IRS has paid out more than $191 billion in refunds so far this tax season to 66.1 million filers [...]

It's getting harder to afford a homeRead full story for latest details. [...]

4 reasons to sell your home nowRead full story for latest details. [...]

Most middle-class kids fail to earn bachelor's degreesLots of attention is paid to college graduation rates of lower-income students, but many middle-clas [...]

The big profits of payday lenders may be overPayday loans come with interest rates of 100% or higher. The government wants to crack down. [...]

Take a private jet to your college tour -- for $43,000If you're one of the lucky few for whom college won't break the bank, or even make a dent [...]

Rent vs. buy vs. live with mom and dadIt was "slacker" and embarrassing for Generation X, but living with parents is acceptable [...]

How to get Millennials to save for retirementWith more immediate concerns like launching a career, repaying school loans and establishing credit, [...]

Sailing around the world in retirement: How we did itRead 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

TOKYO (Reuters) - Asian stocks sagged on Wednesday, taking their lead from weaker U.S. shares, while [...]

BEIJING (Reuters) - Surveys of China's manufacturing and services sectors showed persistent wea [...]

SINGAPORE (Reuters) - Oil futures edged lower on Wednesday amid speculation that a last-minute deal [...]

(Reuters) - A court in Buffalo, New York, dismissed a petition on Monday filed by New York state, al [...]

NEW YORK (Reuters) - Former Fannie Mae CEO Daniel Mudd testified on Tuesday in a $1 billion civil tr [...]

(Reuters) - Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, [...]

NEW YORK (Reuters) - U.S. stocks fell on Tuesday as energy and healthcare shares retreated, but the [...]

 

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

Stocks closed out the first quarter of the year with mixed results but the Nasdaq powered ahead with [...]

Reuters has learned exclusively that Cablevision will make a $1 offer for the New York Daily News. B [...]

Macquarie Securities' cable and satellite analyst Amy Yong says Cablevision actually has a lot [...]

 
 

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 Wealth Management, Financial Literacy, Family Business, Philanthropy, and the UHNW.

Check out over 22,000 Complimentary Posts from Enzo Calamo

 

Family Office Newswire

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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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Family Business Newswire

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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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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 1,200 Complimentary posts. Learn what some of the greatest philanthropists in history believe about gratitude and giving!

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UHNW Real Estate Newswire

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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.

Enzo Calamo,
AIP Ambassador, Past President

To learn more about AIP, click here

 

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Reuters Wealth News

NEW YORK (Reuters) - Billionaire investor George Soros and Indian entrepreneur Purnendu Chatterjee o [...]

NEW YORK (Reuters) - As the bull market in U.S. stocks enters its seventh year, the 2015 U.S. Lipper [...]

(Reuters) - Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, [...]

BOSTON (Reuters) - Billionaire Steven A. Cohen's investments gained 7.5 percent in the first th [...]

NEW YORK (Reuters) - Warren Buffett, the billionaire chief executive officer and chairman of Berkshi [...]

NEW YORK (Reuters) - A Swiss asset manager pleaded guilty on Tuesday to participating in a scheme to [...]

WASHINGTON (Reuters) - Wells Fargo won regulatory approval on Tuesday from federal banking regulator [...]

(Reuters) - Sprint Corp has agreed to a $131 million settlement of a class-action lawsuit accusing t [...]

(Reuters) - TransUnion, one of the largest credit bureaus in the United States, filed with U.S. regu [...]

NEW YORK (Reuters) - For Zillow Group Inc CEO Spencer Rascoff, San Francisco used to be home. These [...]

 

MarketWatch Personal Finance

The previous version of this story, published March 30, misstated the name of Lattice Strategies’s f [...]

Ambarella hit an intraday high today and is up over 170% since we purchased it last June. [...]

Almost all of stock in pre-IPO companies is owned by venture-capital investors and employees, who fa [...]

Most trail index funds over periods as short as three years, writes Phil van Doorn. [...]

The Department of Education has made a list of the schools public for the first time. [...]

More celebrities and politicians are talking about their school loans. [...]

In just 24 hours, the market capitalization of the electric car company has risen by nearly $1 billi [...]

The ice cream maker is now offering a holiday flavor in Israel. [...]

 
 
 
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