Collection of Family Guidebooks
Offers insights, guidelines, actions and checklists families can use to build and inspire trust and encourage communications that bring families together
GUIDEBOOK: 10 Conversations All Families Can Have
Successfully transferring wealth to future generations requires preparation of both assets and heirs. Preparing assets predominantly involves finding the most efficient and effective ways to pass wealth to beneficiaries. Preparing heirs is about planning for what happens after assets are in the hands of children and grandchildren. Beyond money, this process is about trust, communication and the shared vision of the purpose of family wealth.
This 44-page family Guidebook includes topics, practical tools and actions to shift the inheritance conversation from “how much and when” to who we are as a family, the values we share and how talking about wealth can bring the family closer together.
GUIDEBOOK: Family Wealth Mission – Giving Meaning & Purpose to Family Money
This 20- page Guidebook takes families through the Institute for Preparing Heirs four-step process for creating a Family Wealth Mission Statement. It articulates the core family values and priorities for the use of family wealth. All family members are encouraged to participate in creating this guidepost to serve families and their trusted advisors today and for generations to come. The process brings family members together to learn which values they share, and how these values lead to a vision for their family wealth. The end result is clarity and confidence in a statement that reflects the family’s collective goals, values, and apsirations.
GUIDEBOOK: Emerging Role for Women – Mantle of Family Financial Leadership
This 40-page Guidebook provides women who manage, or may someday assume the responsibility for, their family’s wealth, a clear pathway to Family Financial Leader- ship. It offers 10 ways to measure their financial readiness and to evaluate how well prepared they are today. Family Financial Leadership begins by preparing themselves and then, preparing their children and grandchildren for what they can do before inheritance. Since changes in family circumstances may re-order a family’s priorities overnight, this Guidebook provides family financial planning worksheets and checklists that can be used now to prepare.
GUIDEBOOK: Family Financial Fitness – For Wealth That Lasts
This 40-page family Guidebook offers a clear pathway for families to follow when it comes to planning the family’s financial life. By following the Institute’s 10-step Family Financial Fitness checklist, families can begin to take actions to ensure their financial health is in the best possible shape today to ensure a life well lived where the family’s future financial needs are met while providing a safety net for times of uncertainly. Included are family stories, helpful financial planning worksheets and bonus checklists for getting the most from the family’s team of professional advisors.
GUIDEBOOK: Family Meetings – Conversations That Bring Families Together
Family Meetings is a 14-page easy-to-follow how-to guide for setting up and hold a family meeting. It offers agendas along with suggested topics and guidelines for conversations that move the family toward lasting harmony. Family Meetings tells the family how to:
- Invite the family, beyond bloodlines
- Involve all family members
- Develop an agenda with input from all family members
- Allow family members to lead the meeting
- Select the venue and even set up the room for the best results
- Identify rules for behavior and attendance
- Actions to take when a family member says “no thanks” to participating
- Select topics to discuss in the first family meetings
As a bonus, Family Meetings includes seven topics, along with guidelines, for families to follow to initiate new family conversation, beyond the money.
