Statistics indicate that most wealth transfers from parents to children fail because of poor communication and a lack of trust among family members. Mark Weber describes a process that parents can use to:
- Clarify their legacy goals.
- Explain to heirs how their values inform their estate planning decisions.
- Prepare children to be responsible heirs.
- Use charitable giving as a means of passing on their values.
- Create their own unique legacies.
Weber offers readers practical advice about how to use family meetings to provide financial education for children and strengthen family ties.
A Spectrum of Legacies includes case studies, sample worksheets, and letters from Weber’s long experience as an advisor to affluent families. Readers can use
A Spectrum of Legacies to create legacies that pass their financial assets in a way that reflects their personal values, teaches their children,
and benefits their communities.