The Cycle of the Gift: Family Wealth and Wisdom
ISBN-13:
9781118487594
ISBN-10:
1118487591
Edition:
1
Author:
Keith Whitaker, James E. Hughes Jr., Susan E. Massenzio
Publication date:
2012
Publisher:
Bloomberg Press
Format:
Hardcover
192 pages
Category:
Finance
,
Personal Finance
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Book details
ISBN-13:
9781118487594
ISBN-10:
1118487591
Edition:
1
Author:
Keith Whitaker, James E. Hughes Jr., Susan E. Massenzio
Publication date:
2012
Publisher:
Bloomberg Press
Format:
Hardcover
192 pages
Category:
Finance
,
Personal Finance
Summary
The Cycle of the Gift: Family Wealth and Wisdom (ISBN-13: 9781118487594 and ISBN-10: 1118487591), written by authors
Keith Whitaker, James E. Hughes Jr., Susan E. Massenzio, was published by Bloomberg Press in 2012.
With an overall rating of 4.1 stars, it's a notable title among other
Finance
(Personal Finance) books. You can easily purchase or rent The Cycle of the Gift: Family Wealth and Wisdom (Hardcover) from BooksRun,
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Description
Are You Wondering "How Much is Enough ... ?"
Giving is at the core of family life--and with current law allowing over $5 million in tax-free giving, the ultra-affluent are faced with the task of giving at perhaps largest scale in history. Beyond the tax saving and wealth management implications, giving to family members opens up a slew of thorny questions, the biggest of which is, "How do I prepare recipients of such large gifts?" With that question and others in mind, The Cycle of the Gift takes on "The Who of Giving," "The How of Giving," and "The What and Why of Giving." The first part focuses on the people most deeply involved in family giving, especially the recipients and givers (parents, grandparents, spouses, trustees). The second, "The How of Giving," addresses the delicate balance of givers who want to maintain some level of control and recipients who want some level of freedom in accepting and growing their gifts. The final part, "The What and Why of Giving" describes various types of gifts, from money to business interests to values and rituals. Even families without great wealth--or those who have already made large gifts to their children and grandchildren--can benefit from the human wisdom and practical advice found in The Cycle of the Gift.
Giving is at the core of family life--and with current law allowing over $5 million in tax-free giving, the ultra-affluent are faced with the task of giving at perhaps largest scale in history. Beyond the tax saving and wealth management implications, giving to family members opens up a slew of thorny questions, the biggest of which is, "How do I prepare recipients of such large gifts?" With that question and others in mind, The Cycle of the Gift takes on "The Who of Giving," "The How of Giving," and "The What and Why of Giving." The first part focuses on the people most deeply involved in family giving, especially the recipients and givers (parents, grandparents, spouses, trustees). The second, "The How of Giving," addresses the delicate balance of givers who want to maintain some level of control and recipients who want some level of freedom in accepting and growing their gifts. The final part, "The What and Why of Giving" describes various types of gifts, from money to business interests to values and rituals. Even families without great wealth--or those who have already made large gifts to their children and grandchildren--can benefit from the human wisdom and practical advice found in The Cycle of the Gift.
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