Family Wealth: Keeping It in the Family--How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations

James E. Hughes

Jul 2020 · Gildan Media · Narrated by L J Ganser

About this audiobook

Every family hopes to confer advantages that are more than just material and financial-to inculcate character and leadership, to inspire creativity and enterprise, to help all family members find and follow their individual callings, and to avoid the financial dependency and loss of initiative that can all too often be an unwanted consequence of financial success. Yet many families never succeed in realizing that vision, much less sustaining it for three, four, or five generations and beyond. James Hughes's teachings synthesize insights from psychology, anthropology, political history, philosophy, economic theory, and the law. His ideas have been taken up by numerous exceptional families, by their advisers, and by scores of authors, practitioners, and academics who have found value in the methods he pioneered. The first edition of this book became a word-of-mouth classic. Now, Hughes has updated and substantially expanded it with new chapters that challenge conventional notions of wealth and offer guidelines for conserving family assets in the broadest senses. Filled with tested principles and practices for family governance and joint decision making, it is a rich source of workable wisdom that family members can put into practice today, to the enduring benefit and gratitude of future generations.

Ratings and reviews

AAA BOSS NETWORK

About the author

James E. Hughes, Jr., is the author of the book Family Wealth: Keeping It in the Family and numerous articles on family governance and wealth preservation. He is also the founder of a law partnership in New York City, Hughes and Whitaker, specializing in the representation of private clients throughout the world.