Teach the Children Well

Leaders of families with substantial wealth $50 million and more are worried about the future. One of their greatest concerns is whether their children and grandchildren have the right values and competencies to make important decisions about the family's wealth. Everyone has heard stories of families that go from riches to rags in three generations. Leaders not only want to preserve their hard-won

Leaders of families with substantial wealth — $50 million and more — are worried about the future. One of their greatest concerns is whether their children and grandchildren have the right values and competencies to make important decisions about the family's wealth. Everyone has heard stories of families that go from riches to rags in three generations. Leaders not only want to preserve their hard-won legacies, but also fret about their wealth's impact on relatives, people outside the family

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