Goldstein On Gelt
Being a Good Steward of Family Wealth
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:06:52
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Sinopsis
Doug discusses what it means to be a good steward of family wealth and how to pass on your financial legacy to future generations. He provides advice for teaching children financial responsibility from a young age and bringing adult children into important financial discussions. Key points: The importance of passing on not just money, but also financial values and responsibility to heirs Pitfalls of relying solely on professional trustees to manage family money long-term Even a perfect trust document can't guarantee your wishes will be fulfilled long-term You must focus on teaching your heirs financial responsibility while you're still around Share information about your finances with grown children and bring them to meetings Getting kids involved with earning, saving, and giving at a young age Helping adult children pursue their goals without fully supporting them Utilizing specialized help like lawyers and financial advisors Listen and share now!