Family Wealth

Keeping It in the Family - How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations, 2nd, Revised and Expanded Edition

By: James E. Hughes Jr.

Narrated by: L. J. Ganser

This is the landmark book that changed the way exceptional families think about their heritage, their wealth, and their legacy to future generations - now revised and expanded. Charles W. Collier, Senior Philanthropic Adviser at Harvard University, hails this as, "A masterpiece. No one is more astute than Jay Hughes about the topics of family wealth and family life."

©2004 James E. Hughes, Jr. (P)2010 Audible, Inc.

Great stories about concepts of long term family

Great stories about concepts of long term family citing dynastic families & examples that any modern UHNW founder would benefit from

Funny and real

I love it because it makes so much common sense but deep thinking has to be applied to appreciate it.

Shines light on what it means to truly be family

The money is not the hard part. It's the easiest in fact. The problem lies in relationship and fixing the layers of our families dysfunctional behavior. Building trust and establishing protocol and respect.

This is a first in many books on a path to fixing family preserving wealth and building for the future.

Really good

I think there were a lot of great insights and thoughts in this book. The downside, as with most books of this type, while great at identifying concerns, they don’t provide a lot of great solutions.

Succinct summary of family succession

Treats wealth management and family succession as a wholistic process. Provides guidance on how to avoid pitfalls through proper development of human capital and structure of assets.

Must read manual for preserving family wealth

The book is written by a lawyer who outlines how to preserve family wealth. Easy to understand, brings up new ideas you may not have thought of such as addressing substance abuse right away and the risks of perpetual trusts. If you have a Trust or are planning to create one, this book is the best I’ve read on the right way to think about it. As someone who is the beneficiary of a Trust, a grantor and a Trustee, I’m delighted to hear these ideas before I present Trusts to my children. Beyond families with wealth, this book is ideal for financial planners, lawyers, accountants or other investment professionals with high net worth clients.

Very multi-faceted book!!! I will re-read this many times!

The writer is a very dynamic thinker and it really shows in his ability to cover a multitude of topics. i would argue that everyone, with or without the conscious desire for wealth, should read this book!

It will teach you how to be a good steward of your wealth, family, groups, and your life overall, should you study and apply the ideologies in this book.

I will be purchasing the physical book and re-reading this for many years to come, if not centuries!

Must Read!!

this book has opened my eyes to what true wealth is and individual responsibility. the role fo the family and how with a solid family family foundation generational wealth can be achieved.

Life Skills

This is a book I will get a hardcopy of so that I can underline mark cross reference, and continue to glean an education from the words in this book.

I appreciate the clarity of the book not only to increase my financial knowledge, but also remind me of the importance of relationships. This is an excellent book.

Great information

This book contains great information to start organizing a family and structure the way to generational wealth