Tags » Family Wealth

TESTIMONIAL - Jim Munchbach

Debbie made this look so easy! Wow… Thank you, Debbie! Whenever I have transcription work, you are my lady!! — Jim Munchbach, CFP® Family Wealth Manager dot com

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Teaching Your Heirs to Value Your Wealth

Values can help determine goals & a clear purpose.

Some millionaires are reluctant to talk to their kids about family wealth. Perhaps they are afraid what their heirs may do with it. 784 more words

Financial Planning

Is It Possible to Support Causes Beyond Three Generations?

According to this Time Inc. Network article, there’s only a 10% chance that wealth will remain with a family for three or more generations. Assuming that this observation, as well as the following statements, accurately reflect reality: are there vehicles that a person might establish in order to increase the chances that some of her/his wealth will be available to support causes that are likely to require multi-generational efforts, beyond three generations, in order to bear fruit? 118 more words

Estate Planning

Federal Reserve's 2014 Economic Household Well Being Report


  • Sixty-five percent of respondents report that their families are either “doing okay” or “living comfortably” financially, compared to 62 percent in 2013.
  • Forty-seven percent of respondents say they either could not cover an emergency expense costing $400, or would cover it by selling something or borrowing money.
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The Truth About Rising Prices & Family Wealth

 First Time Home BuyersFor Buyers

The National Association of Realtors (NAR) recently released a report revealing that the growing wealth gap in this country has been impacted by the recent increases in real estate values coupled with the drop in homeownership rates. 459 more words

For Buyers

Student workshop on "Family Business Groups"

Last week, more than 15 HSG-students who are all interested in “family dynasties around the world” came together to a workshop organized by PhD student Max Groh, Thomas Zellweger, and myself. 223 more words

Family Firm

Book Review - Family Wealth

Family Wealth: Keeping It in the Family by James E. Hughes, Jr. (New York: Bloomberg Press, 2004)

I particularly appreciate how this book viewed family wealth beyond just financial assets, including what the author considered the most valuable family assets – human & intellectual capital. 114 more words