As baby boomers prepare to transfer wealth to their children, those younger generations may be thinking of how to preserve their family’s financial legacy. The “third generation curse” indicates that ...
We are currently in the midst of what is being coined as the Great Wealth Transfer — a time during which Baby Boomers are projected to pass trillions to their heirs. Of the $84 trillion anticipated to ...
Telling the family story is an important part of transferring your legacy to the next generation. The third-generation curse recognizes that very few family businesses survive beyond the third ...
The key is to motivate generations two and three to contribute to the family business in a productive way. You can look to Lawrence Welk's family as a prime example. Telling the family story is an ...
It doesn't really matter what kind of childhood you had — I'd put money on the fact that there's at least one thing you'd change about your life and habits in your adulthood. A "generational curse" — ...
They were the latchkey kids raised on divorce, debt, and disillusionment. The in-betweeners who came of age before therapy was mainstream but after the collapse of long-term job security. Gen X has ...
They build, they grow, then they fall. The familiar cycle of family businesses has echoed across continents for centuries. In Thailand, where family-run conglomerates dominate the economy, the ...
It can be tempting for parents to share every detail of their children's lives online. Whether you're proud of your kid's accomplishments, concerned about their development, or frustrated by their bad ...
Portia: Breaking Generational Curses Noticing a repeat pattern being passed on from generation to generation? Portia sits down with Yolanda and Grammy Award-winner Speech Thomas to discuss the roadmap ...
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