Оглавление
Keith Whitaker. Complete Family Wealth
Table of Contents
List of Illustrations
Guide
Pages
COMPLETE FAMILY WEALTH. Wealth as Well-Being
Preface to the Second Edition
Preface to the First Edition
INTRODUCTION An Invitation
A Welcome from James (Jay) Hughes, Esq
A Welcome from Dr. Susan Massenzio
A Welcome from Dr. Keith Whitaker
The Path Ahead
CHAPTER 1 Complete Wealth
Right Understanding
Complete Wealth
The Five Types of Qualitative Capital. Human Capital
Legacy Capital
Family Relationship Capital
Structural Capital
Social Capital
Financial Capital
Growing Capital
Human Capital
Legacy Capital
Family Relationship Capital
Structural Capital
Social Capital
Financial Capital
A Provocative Comparison
Measuring Qualitative Capital
Note
CHAPTER 2 Family Enterprise. Affinity
Flourishing
Keys to Family Flourishing
Keys for Family Flourishing Amid Wealth
The Three-Circle Model
Active Ownership
Transition
Time
Notes
CHAPTER 3 Principles
PRINCIPLES OF COMPLETE FAMILY WEALTH
CHAPTER 4 The Rising Generation. Why Rising?
The Effects of the Black Hole
The Challenge
Meeting the Challenge
Rising in the Middle Passage
Setting Off
CHAPTER 5 The Big Reveal. Confirmation
What's Next?
The Pause
Courage
CHAPTER 6 Parents. Giving
Know Thyself
Nothing Too Much
How Much Is Enough? Fair versus Equal?
Communication and Control
Giving as Grandparents
Letting Go
Note
CHAPTER 7 Spouses. Tough Questions
Fiscal Difference
Positive Regard and Empathy for Each Other
Each Party Feels Self-Sufficient and Competent
The Three-Step Process
Spouses and Family Meetings
Blended Families
Note
CHAPTER 8 Elders “Old Age Hath Yet Its Honor and Its Toil”
Characteristics
Discernment
Discretion
Discipline
Discovery
Two Practices
CHAPTER 9 Trustees and Beneficiaries. Human Consequences
Vocabulary
Activity
ROLES AND RESPONSIBILITIES OF BENEFICIARIES
ROLES AND RESPONSIBILITIES OF TRUSTEES
Distributions
Conclusion
Note
CHAPTER 10 Advisers
Questions to Consider
What Specific Services Will I Receive (or Have I Been Receiving)?
Who Will Work with My Family, and in What Capacity?
How Do You Differ from Other Advisers in This Space?
Money
Personnes de Confiance
Counselors, Coaches, and Facilitators
Mentors
A Father's Wisdom
CHAPTER 11 Friends
Friends as Wealth
Wealth and Friends
Notes
CHAPTER 12 Character. History
What Works
CHAPTER 13 Work. Meaning
Strengths and Flow
The Human Work
Play
Notes
CHAPTER 14 Talking with Children about Wealth. Development
The Power of the Teachable Moment
Are We Rich?
Curiosity
Allowances
Adolescents
Managing Privacy
CHAPTER 15 Prenuptial Agreements. Introduction
What Is a Prenuptial Agreement?
How Best to Approach a Prenuptial Agreement
For Parents of the Prospective Spouses
Notes
CHAPTER 16 Getting Started. Questions
Questions for Reflection
Practices
CHAPTER 17 Family Meetings. Preparation
Why?
What to Do in a Family Meeting?
Who to Have at a Family Meeting?
When to Hold a Family Meeting?
How to Run an Effective Family Meeting?
Where to Hold the Meeting?
SAMPLE GROUND RULES. Be present
Be respectful in words and action
Listen
Be patient
Own your views
Be willing to edit what you say
Strategies for Communicating Effectively about Difficult Topics
CHAPTER 18 Family Stories and Rituals. The Stuff of Life
Rituals
Note
CHAPTER 19 Family Mission Statements. Why a Family Mission Statement Matters
What Is a Family Mission Statement?
How to Create a Family Mission Statement
How to Use a Family Mission Statement
Summary Worksheet
Note
CHAPTER 20 Family Governance. Humility and Freedom
Constitution, Council, and Assembly
Design
Ratification
Notes
CHAPTER 21 Financial Capital. Return
Two Practices
Investor Allocation
The Family Bank
CHAPTER 22 Preserving a Family Vacation Home. Hard Questions
Family Culture as the Solution
Facing Realities
CHAPTER 23 Family Philanthropy. The Benefits of Family Philanthropy
Philanthropy for the Family
Getting Started
Magnificence
CONCLUSION Individual Flourishing
Many Blossoms
The Five Ls
The Four Cs
Three Little Words
Epilogue: The Future?
Evolutions in Human Development
Changes in Family Structure
New Understandings of Family Wealth
China
Appendix One: Fiduciary Course Curriculum. Introduction
Overview of Sessions. Session One: The Fiduciary Mindset
Session Two: Trust Basics
Session Three: Risk Management
Session Four: The Trust Agreement and Trust Principles
Session Five: Distributions
Session Six: Trusts and the Enterprise
Session Seven: Special Considerations
Session Eight: Bringing It All Together
Fiduciary Curriculum Outline. Session One: The Fiduciary Mindset (90 minutes)
Session Two: Trust Basics (90 minutes)
Session Three: Risk Management (90 minutes)
Session Four: The Trust Agreement and Trust Principles (90 minutes)
Session Five: Distributions (90 minutes)
Session Six: Trusts and the Enterprise (90 minutes)
Session Seven: Special Considerations
Session Eight: Bringing It All Together (90 minutes)
Appendix Two: Key Practices for Families During Challenging Times. Introduction
Key Practices for Families. Key Practice 1: Being Aware of Emotional “Hot Buttons”
Key Practice 2: Recognizing Different Communication Styles
Key Practice 3: Balancing Togetherness and Separateness
Key Practice 4: Talking about Serious Matters
Key Practice 5: Reviewing Governance
Key Practice 6: Making the Most of Your Advisers/Family Office
Key Practices for Individuals
Key Practice 7: Caring for Yourself Physically. Nutrition
Exercise
Relaxation
Key Practice 8: Fostering Quality Social Connections
Key Practice 9: Mind Training—Making Your Mind Work for You
Conclusion
Key Practice 10: Expressing gratitude
About the Authors. James E. Hughes Jr., Esq
Dr. Susan E. Massenzio
Dr. Keith Whitaker
Index
WILEY END USER LICENSE AGREEMENT
