Mar 1, 2021 | Family Wealth
Photo by Maxwell Ingham on Unsplash Over the weekend, I was fortunate to read Jennifer Risher wonderful new book, We Need to Talk: A Memoir Around Wealth (Amazon affiliate link). Risher, an excellent storyteller, is gracious to recount candidly the process by which...
Feb 11, 2021 | Family Wealth
Photo by Siddhant Kumar on Unsplash This week we wrap up our three-part consideration about the atrophy of family wealth. In Parts 1 and 2, we have worked to deconstruct the shirtsleeves-to-shirtsleeves proverb by considering how each generation contributes to the...
Feb 5, 2021 | Family Wealth
My children are currently fighting over an invisible bike that the 7 year old won't share. I pointed out to the 3 year old that she could just ride her own invisible bike and she lay down and sobbed BUT I ONLY WANT HERS. We're done with this week now, yes?...
Jan 27, 2021 | Family Wealth
Photo by Raph Howald on Unsplash The proverb is “Shirtsleeves to Shirtsleeves in 3 generations,” and as many are quick to say, the proverb is universal. All major global cultural groups have some version of it. A common extension of the...
Nov 24, 2020 | Family Wealth
Photo by Attentie Attentie on Unsplash In 2013, a study in the Journal of Family Relations found that the single greatest predictive factor for divorce were arguments about money. (Study here). There is no doubt that intra-relationship conflict about...