Donate to Charity Using a Donor Advised Fund
Smart Giving, Powerful Results: Donor Advised Funds and Estate Plans are a Dynamic Duo Imagine a world where legacy isn't just a will and an estate plan tucked away in a drawer, but a living, [...]
Smart Giving, Powerful Results: Donor Advised Funds and Estate Plans are a Dynamic Duo Imagine a world where legacy isn't just a will and an estate plan tucked away in a drawer, but a living, [...]
Transferring wealth is inevitable. Retaining it is not. Financial Advisors who build multigenerational relationships don’t protect just their clients’ legacies – they preserve their own books. Are your clients’ children at risk of “Sudden Wealth [...]
Leveraging Donor Advised Funds (DAFs) to Curb the Generational Wealth Transfer Impact on AUM According to Forbes magazine, an estimated $84 trillion is set to change hands over the coming decades. Financial advisors face a [...]
As families plan for the transfer of significant wealth to younger generations, ensuring that this transition is both smooth, meaningful, and successful becomes paramount. One effective strategy to prepare heirs for their future responsibilities while [...]
Discussing and agreeing upon the guiding values of your family is an important part in drafting your family mission statement, which can help determine the direction of your legacy for generations to come. By [...]
An Abstract from “Insights from the 2018 Study of High Net Worth Philanthropy1” Women are shifting the balance of values in communities, businesses, markets and philanthropy, their impact amplified by accelerating economic power and [...]
Aligning your heirs around a guiding purpose for your family wealth and identifying philanthropic missions can help ensure successful wealth transfer for generations to come. By Phil Tobin This article is the second in [...]
America is experiencing a growing interest in genealogy. There are even TV shows on the subject, and one common theme is that our memory and knowledge of family is fragile. We’re lucky if it [...]
A report published in 2012 by Pew Research Center shows that fully 50% of successful individuals worry that their children, or other heirs, do not have the proper financial skills to handle inherited wealth. [...]
If your parents or grandparents have been involved in philanthropic giving for many years, they probably hope you and any siblings will continue to honor this family legacy once they’re gone. How will you [...]
Are your kids suffering from too well off syndrome? If so, how do you turn things around? You, like so many successful individuals, have a nagging concern about teaching your children and grandchildren the [...]
In today’s hyper-busy culture, many couples end up living almost separate lives during their first one or two decades together. This doesn’t mean they don’t have a close relationship, or that they never do [...]
Read Phil Tobin's latest article published in Wealth & Management: Americans are currently experiencing the greatest transfer of wealth in history, and many may be unprepared to successfully navigate it. The statistics paint a picture: [...]
Sound asset stewardship and family unity each play a tremendous role in successful generational wealth transfer. Here’s why philanthropic giving can contribute to both of those goals. This article is the third in [...]
A family mission statement is a critical part of successful wealth transfer, uniting all family members and heirs around a common, agreed-upon purpose – and it’s the foundation of your enduring legacy. This article [...]