Only 1 out of 10 families successfully pass their unity and prosperity from one generation to the next. For as long as historical records have been kept, the three-generation cycle of boom to bust has... This description may be from another edition of this product.
This book is very helpful. I would not just suggest this for parents, but children who know that down the road, they will receive an inheritance or come into wealth. It gives examples of the pitfalls that can come if you are not prepared for this life changing event. It is fun to read, and well thought out. Great planing book.
Invaluable & Unusual parenting information
Published by Thriftbooks.com User , 19 years ago
Have you read everything there is to read on parenting? Have you become bored with the same old books on how to raise your children? Then it's time you read "Beating the Midas Curse". This insightful collection of stories, ideas and introduction to "The Heritage Process" will enlighten and delight those parents interested in their family's future generations. Learn how to pass your generational values with those hard-earned valuables; learn effective ways to communicate to your off-spring and learn how to leave a lasting legacy. This book will not disappoint and surely will become your guide to effectively communicating with your children.
Beating the Midas Curse
Published by Thriftbooks.com User , 19 years ago
If you ever wanted your children, grand children, great grandchildren and beyond to understand who you are and what was important to you, than this book is for you. It is amazing to find out that with good estate planning (passing estates with a tax efficient plan), that you have a 90% failure rate by the third generation. This book gives you a step by step approach to a process that will be priceless for every family that cares about their family and their community.
Real Reasons to Plan
Published by Thriftbooks.com User , 19 years ago
I have been an estate planning attorney for over 15 years. I have seen wealth ruin families, create addictions for heirs and leave future generations without means to pursue dreams. The reasons behind these afflictions are clearly described in this book. Many of my clients have come to me with plans and have left with better plans. But, unless they address the issues in this book, their plans will eventually fail. If you have children, grandchildren, friends, causes or clients you care about, read this book. It gets to the heart of planning.
Beating the Midas Curse
Published by Thriftbooks.com User , 19 years ago
Rod Zeeb and Perry Cochell have done an outstanding job of describing their Heritage Process in Beating the Midas Curse. Their training as Estate Planning attorneys taught them how to use strategies and techniques to pass on wealth to the heirs. But all their training and fancy legal documents did nothing to prepare the heirs to receive their financial inheritance. Watching wealthy families implode prompted them to begin a 20 year journey of trial and error that has culminated in The Heritage Process which is clearly and succiently covered in this fast paced book. I was shocked and amazed to learn that 90% of wealthy families fail to preserve their wealth through the third generation! Zeeb and Cochell have perfected a process that has proven to be the antidote to the "Midas Curse". Parents who are concerned about the potential negative impact of wealth on their children and future generations simply must read this book!
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