Table of Contents
Foreword xiii
James E. Hughes, Jr. Acknowledgments xv
Introduction xvii
Assessing Your Family’s True Needs xxi
Section 1 Thinking Through What Matters Most 1
Chapter 1 Four Profound Questions for Families 3 Ellen Miley Perry
Chapter 2 Identifying Actionable Values for Family and Enterprise 7 Doug Baumoel and Blair Trippe
Chapter 3 Values That Matter 13 Sharna Goldseker and Danielle Oristian York
Chapter 4 A Framework for Family Wealth and Well-Being 19 Richard Franklin and Claudia Tordini
Chapter 5 Understanding Identity and Social Power 27 Kofi Hope and Zahra Ebrahim
Chapter 6 Tapping Character Strengths to Move Families Forward 33 Kristin Keffeler
Chapter 7 Using the Ikigai Model to Foster a Legacy of Meaningful Engagement 39 Don Opatrny and Keith Michaelson
Chapter 8 Stages of Wealth Integration 45 Courtney Pullen
Chapter 9 Learning from Your Money History and Writing a New Story 51 Jill Shipley
Chapter 10 Envisioning the Future 59 Jamie Traeger-Muney
Section 2 Becoming a Learning Family 67
Chapter 11 Benchmarking Your Family Against Successful Global Families 69 Dennis Jaffe
Chapter 12 Understanding the True Goals of Wealth Preparation 75 James Grubman
Chapter 13 Advancing Flourishing: A 10x10 Learning Roadmap 81 Stacy Allred, Joan DiFuria, and Stephen Goldbart
Chapter 14 Finding What’s Next for Your Family 97 Barton Parrott
Chapter 15 Creating Impactful Learning Programs for Families 103 Greg Burrows and Ruth Steverlynck
Chapter 16 Developing a Family Wealth Education Plan 111 Kirby Rosplock
Chapter 17 Practical Tools for Building Healthy Families 119 Christian Stewart
Section 3 Planning Thoughtfully 127
Chapter 18 Expressing Purpose in Your Trusts 129 John A. Warnick
Chapter 19 Managing a Shared Family Property 137 Jamie Forbes
Chapter 20 Creating a Family Bank 143 James E. Hughes, Jr.
Chapter 21 Undertaking a Family Risk Assessment 147 Linda Bourn
Chapter 22 Is Your Infrastructure Resilient? 155 Natasha Pearl
Chapter 23 Creating a Family Owner’s Manual 161 Josh Kanter
Chapter 24 Family Behavioral Health Wellness Assessment 167 Arden O’Connor
Chapter 25 Building a Smart Aging Plan 173 Susan Hyatt
Chapter 26 Managing the Risk of Diminished Capacity 179 Patricia Annino
Chapter 27 Creating an Ethical Will 189 Scotty McLennan
Section 4 Investing Wisely 197
Chapter 28 Monitoring Financial Capital with the “Four Horsemen” Graph 199 Scott Peppet
Chapter 29 Keeping Goals in the Spotlight with Capital Sufficiency Analysis 203 Joe Calabrese
Chapter 30 Constructing an Investment Portfolio to Support Family Goals 209 Jean Brunel and Voyt Krzychylkiewicz
Chapter 31 Investment Education for Family Members 219 Jim Garland
Section 5 Seeking Sound Advice 225
Chapter 32 Assessing Your Family’s Financial and Family Management Needs 227 Scott Hayman and Tom McCullough
Chapter 33 Finding an Advisor Who Will Help Your Family Thrive for Generations 235 Kathy Lintz and Ned Rollhaus
Chapter 34 Choosing Trustees with Care and Wisdom 241 Kim Kamin
Chapter 35 Assessing Your Readiness for a (Family Enterprise) Leadership Coach 251 Greg McCann
Chapter 36 Understanding Advisors’ Fees 255 Mark Pletts
Section 6 Raising the Rising Generation 261
Chapter 37 Balancing Entitlement and Responsibility in Children’s Birthdays 263 Joline Godfrey
Chapter 38 A Ritual to Send Children off to College 269 Andrew Doust
Chapter 39 Developmental Life Lessons for Grandchildren 277 William (Bo) and Suzanne Huhn
Chapter 40 Deciding If You Should Join the Family Business 281 Josh Baron and Rob Lachenauer
Chapter 41 How Can You Ensure the Success of Your Successors? 287 Dean Fowler
Chapter 42 The Intergenerational Dialogue 295 Susan Massenzio
Section 7 Navigating Family Dynamics 299
Chapter 43 A Three-Step Process for Enhanced Communication 301 Keith Whitaker
Chapter 44 Strengthening Your “Family Factor” to Deconstruct Conflict 305 Blair Trippe and Doug Baumoel
Chapter 45 Using Genograms to Understand Family Patterns 311 Guillermo Salazar
Chapter 46 Achieving New Insights and Possibilities through Generative Dialogue 317 Michelle Osry
Chapter 47 How Powerful Are Your Questions? 323 Ian McDermott
Chapter 48 Expectations versus Agreements 329 Mimi Ramsey and Stephanie Hardwick
Chapter 49 Enhancing Sibling Relationships 335 Christian Stewart
Chapter 50 Gamechanging 343 Matt Wesley
Section 8 Making Shared Decisions 349
Chapter 51 Hats Off to You! 351 Lee Hausner
Chapter 52 How to Balance Family Stability with Resilience over Generations 355 James Grubman
Chapter 53 Making Better Decisions by Telling Stories That Have “Already Happened” 359 Stacy Allred
Chapter 54 Democratizing Family Decision-Making 365 Barbara Hauser
Chapter 55 Using RACI to Determine Roles and Responsibilities in a Complex Multigenerational Family Enterprise 369 Kathryn McCarthy
Chapter 56 Creating Internal Controls and Policy and Procedures for a Family Office 377 Eugene Lipitz
Chapter 57 Leading Successful Family Meetings 381 Katherine Grady and Wendy Ulaszek
Chapter 58 Establishing Ground Rules for Family Meetings 387 Keith Whitaker
Section 9 Giving Together 391
Chapter 59 Finding a Philanthropic Focus and Integrating the Rising Generation Perspective 393 Etienne Eichenberger, Małgorzata Smulowitz, and Peter Vogel
Chapter 60 Facilitating Grandchild-Grandparent Philanthropy 401 James E. Hughes, Jr.
Chapter 61 Helping Families Move Up the Philanthropic Curve 405 Leslie Pine
Chapter 62 A Roadmap to Successful Philanthropy 411 Susan Winer
Conclusion 415
Bios 417
Index 419