The Cycle of the Gift: Family Wealth and Wisdom
(eAudiobook)

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Published
Ascent Audio, 2020.
Status
Available Online

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Physical Description
4h 49m 0s
Format
eAudiobook
Language
English
ISBN
9781663701022

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Citations

APA Citation, 7th Edition (style guide)

James E. Hughes Jr., James E. Hughes Jr.|AUTHOR., Susan E. Massenzio|AUTHOR., Keith Whitaker|AUTHOR., & Alex Barrett|READER. (2020). The Cycle of the Gift: Family Wealth and Wisdom . Ascent Audio.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

James E. Hughes Jr et al.. 2020. The Cycle of the Gift: Family Wealth and Wisdom. Ascent Audio.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

James E. Hughes Jr et al.. The Cycle of the Gift: Family Wealth and Wisdom Ascent Audio, 2020.

MLA Citation, 9th Edition (style guide)

James E. Hughes Jr., et al. The Cycle of the Gift: Family Wealth and Wisdom Ascent Audio, 2020.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work IDcb6dded3-8be0-c442-7bf5-3e045ab47905-eng
Full titlecycle of the gift family wealth and wisdom
Authorjr james e hughes
Grouping Categorybook
Last Update2023-01-14 19:02:10PM
Last Indexed2024-04-27 03:06:34AM

Book Cover Information

Image Sourcehoopla
First LoadedApr 7, 2021
Last UsedApr 7, 2021

Hoopla Extract Information

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    [synopsis] => The gift of giving is at the core of family wealth and with the new estate law allowing up to $5,120,000 in tax-free gifting, the ultra-affluent are faced with the task of giving in the largest amount in estate tax history. Beyond the tax saving and wealth management implications, the act of giving in such a generous amount opens up a slew of new issues for wealthy families, the biggest of which is: how do I prepare the recipient of such a hefty gift? With that question in mind, Hughes, Massenzio, and Whitaker have written Wisdom and Wealth in three main parts: The Who of Giving, The How of Giving, and The What and Why of Giving. The first part deals exclusively with the people most deeply involved in family giving, especially the recipients and givers (parents, grandparents, spouses, trustees). The second part, The How of Giving, addresses the delicate balance of givers who want to maintain some level of control and recipients who want some level of freedom in accepting and growing the gift. The final part, The What and Why of Giving describes various types of gifts, from money to business interests to values and rituals. The authors also introduce their family bank concept as a model that combines loans, trusts, and outright gifts. It embodies a framework and set of practices for long-term family growth.
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