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Philanthropy, Heirs & Values: How Successful Families Are Using Philanthropy to Prepare Their Heirs for Post-Transition Responsibi

Overview

This first-of-a-kind book by Roy Williams and Vic Preisser of The Williams Group reveals the hidden power of philanthropy to prepare your heirs for wealth and responsibility. After interviewing 3,250 affluent families, and examining almost 100 family foundations, the authors disclose how successful families are using philanthropy to teach their heirs Values, develop their appreciation for focus on a specific Mission, and instill a sense of Accountability. In many cases, the use of philanthropy as a teaching tool ...
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Overview

This first-of-a-kind book by Roy Williams and Vic Preisser of The Williams Group reveals the hidden power of philanthropy to prepare your heirs for wealth and responsibility. After interviewing 3,250 affluent families, and examining almost 100 family foundations, the authors disclose how successful families are using philanthropy to teach their heirs Values, develop their appreciation for focus on a specific Mission, and instill a sense of Accountability. In many cases, the use of philanthropy as a teaching tool by the family leaders determined whether or not the family remained unified-and financially successful-in their post-transition period. As in their prior groundbreaking book Preparing Heirs C 2003, the authors provide exercises, examples and checklists for each of five major age groups, beginning at age five. The book is easy to read and filled with specific guidance and examples. Viewing philanthropy as a tool to improve your odds of post-transition success adds a new benefit to the traditional rationale behind family foundations and family giving programs.
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Product Details

  • ISBN-13: 9781931741514
  • Publisher: Robert Reed Publishers
  • Publication date: 1/1/2010
  • Pages: 165
  • Sales rank: 731,914
  • Product dimensions: 5.84 (w) x 8.80 (h) x 0.75 (d)

Meet the Author

Roy Williams has spent nearly 40 years coaching successful families throughout the world. His earlier books, Preparing Your Family to Manage Wealth and For Love & Money, are widely used by estate planners, trust officers, and lawyers. Formerly the Secretary of Social Services and Secretary of Transportation for the State of Iowa, Vic Preisser is a successful entrepreneur and has served in senior executive capacities with Fortune 500 companies.
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