O'Reilly logo

THE M WORD: The Money Talk every Family Needs to have about Wealth and their Financial Future by Lori Sackler

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

7Preparing Heirs, Estate Transfers, and Business Successions

Having Money Talks About Intergenerational Family Wealth

Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate.—Woody Allen

Whenever I told people I was writing a book about money, family, and communication, the topic of wealth transfer and preparing heirs garnered the most interest. Whether I was speaking with acquaintances, friends, family, or professionals, the conversation typically morphed into a discussion of how to let kids know that the family has wealth and how to raise financially responsible children. It is something that everyone thinks about. I recall seeing the actor ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required