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Leaving children with a substantial amount of money can be a boonor a burden. High-net-worth parents need to give their children aneducation to navigate today's complex world. The questionbecomes how to raise children with a sense of reality and balance,imparting a strong work ethic, and making them good stewards oftheir wealth.
Kids, Wealth, and Consequences enlightens high-net-worthparents about the unique issues they need to explore. The bookaddresses the "hard" financial issues, such asinvesting and estate planning, as well as the "soft"emotional issues relating to values, family, and
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Produktbeschreibung
Leaving children with a substantial amount of money can be a boonor a burden. High-net-worth parents need to give their children aneducation to navigate today's complex world. The questionbecomes how to raise children with a sense of reality and balance,imparting a strong work ethic, and making them good stewards oftheir wealth.

Kids, Wealth, and Consequences enlightens high-net-worthparents about the unique issues they need to explore. The bookaddresses the "hard" financial issues, such asinvesting and estate planning, as well as the "soft"emotional issues relating to values, family, and communication.Morris and Pearl detail strategies and techniques to help parentsraise children who appreciate and know how to manage the wealththey inherit.

Richard Morris spent many years working for his family smultimillion dollar business, and learned firsthand the challengesof business ownership and family wealth.

Jayne Pearl is an experienced journalist who writes about families,family businesses, and money.
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Autorenporträt
RICHARD MORRIS is principal of Resource for Ownership Intelligence (ROI) Consulting, which helps family business owners grow and pass their business to subsequent generations. He is also an adjunct professor at Lake Forest Graduate School of Management. Previously, he spent many years working for the family business, Fel-Pro Inc. Morris has written articles for print media and is often quoted in the press. He received his MBA from Northwestern University. JAYNE PEARL has been a financial journalist for almost thirty years, focusing on family business and financial parenting. She has been quoted extensively in the media. She was a senior editor at Family Business magazine, editor of a syndicated daily business public radio show, and also worked at Forbes. She has written or ghostwritten several books and written hundreds of articles.