Book Review: "Philanthropy Heirs & Values"
"Philanthropy Heirs & Values" written by Roy Williams and Vic Preisser discusses how to help heirs learn money principles during their growing up years so that they can wisely handle their inheritance once parents have died. The book is geared towards more wealthy individuals, but I think the principles they talk about could be used by any family to learn sound money skills and the joy of philanthropy. Briefly, the authors discuss three general skills children need to learn: values, mission, and accountability. The authors further discuss how these three skills should be taught to children during five developmental periods of a childs life. The five developmental periods are: Age 5 – 10 Awakening Years, discovering one's personal influence. Age 11-15 Exploring Years, discovering self in the midst of change. Age 16-20 Developing Years, understanding accountability. Age 21-30 Applying Years, maximizing the value of contributions. Beyond 30 Mentoring Years, unifying the family through Philanthropy. You can find "Philanthropy Heirs & Values" here.
Read more detail on Recent Estate Planning Posts –
- Warren Buffett's Advice on How to Raise Well-Adjusted Heirs Warren Buffett spoke at the Forbes 400 Summit on Philanthropy earlier this week in San Fransisco. The legendary man had some advice for attendees that had been attained during his almost […]
- Book Review: Children’s Author Focus: Introducing René Colato Laínez Guest blogger: Melanie Shelton, Masters in Migration Studies student, University of San Francisco: René Colato Laínez is a U.S.-based, Salvadoran immigrant whose body of work does an […]
- Book Review: Intellectual Property in Australia Katfriend Jin Ooi (Senior Associate, Allen & Overy LLP) has kindly reviews the latest edition of Intellectual Property Australia:"Intellectual Property in Australia" is now […]
- Book Review: The Warren Buffett Shareholder One of the highlights of the yearly business calendar is the annual meeting of Berkshire Hathaway shareholders. Every spring tens of thousands of the Berkshire faithful make the haj to […]
- Book Review : Transparency in the Family Courts: Publicity and Privacy in Practice This is a review by Rodney Noon of a book co-written by myself, Julie Doughty and Paul Magrath. It originally appeared in Nagalro's Seen & Heard (Vol 29, Issue 1, 2019) and is […]
- Estate Planning for Disabled Heirs Last week the Wall Street Journal's "Family Values" blog discussed the often challenging estate planning issues faced by families who are providing for a disabled loved one. […]
- Hugh Hefner Demands His Heirs Stay Sober Hugh Hefner died this past September at the age of 91 from heart failure. He left part of his estate in trust for the benefits of his heirs, but included strict limitations. One of the […]
- Book review: Who Owns the News? A History of Copyright Who Owns the News? A History of Copyright” is the work of a historian, lawyer and novelist combined. With this book, Will Slauter takes us back to eighteenth-century Britain and America to […]
- Book review: Competition Law and Intellectual Property in China Two major themes in IP have recently been IP developments in China and issues at the intersection of IP and competition. If you are interested in both of those topics, a new book on point […]
- Book review: Artist, Authorship & Legacy: A Reader Copyright has nothing to do with art. Those who believe otherwise are romantic dreamers who overcomplicate this field of law. No doubt you will have heard or read this before. Perhaps you […]
This entry was posted in Estate Planning
and tagged book
. Bookmark the permalink