Complete Family Wealth

James E. Hughes Jr. is a retired attorney who has written or co-written several books on the dynamic preservation of true family wealth, including Family Wealth: Keeping It In The Family, Family: The Compact Among Generations, and Cycle of the Gift: Family Wealth & Wisdom.

Susan E. Massenzio, PHD, is a psychologist and co-founder of the think tank and consultancy Wise Counsel Research. She has extensive experience advising senior executives and assisting leaders in developing effective succession plans.

Keith Whitaker, PHD, is a co-founder of Wise Counsel Research and an educator. He has extensive experience advising leaders of enterprising families on succession planning, developing next-generation talent, and communicating about estate planning.

Complete Family Wealth: Wealth as Well-Being, the second edition of this foundational work, provides proven tools and best practices for wealthy families to use in maturing, maintaining, and managing personal and legacy wealth for the long term. The book is divided into three sections: the "what"—what is meant by family, wealth, and enterprise; the "who"—the people who are critical to the success of family businesses; and the "how"—specific practices that families can use to enhance and grow family wealth.

The second edition of this work prioritizes the health and well-being of individual members of the family unit in all aspects covered in the book. The increased awareness of the social complexities of wealth that have come to the fore in recent years is a natural result of this focus, and the team of expert authors here address the responsibility of private wealth to the public good. Furthermore, the second edition of Complete Family Wealth includes:

• A new chapter on "the big reveal," with suggestions for encouraging positive, life-affirming reactions to the disclosure of present or future wealth.
• A new chapter on preserving the cherished family vacation home
• Two new appendices: "Fiduciary Course Curriculum," devoted to improving trustee and beneficiary education, and "Key Practices for Families During Challenging Times," a response to the pandemic but applicable to all trying times for families.
• Examples that make these practices accessible to a wide range of income levels.

Among the best books on finance, Complete Family Wealth's second edition is essential reading for high-net-worth families and their financial advisors, having shaped the language used by families and their advisors in the first edition. It will also appeal to family offices, fund managers, and private investors.

Author: Keith Whitaker, James E. Hughes Jr. and Susan E. Massenzio

Link to buy: https://www.amazon.com/dp/1119820030

Ratings: 4.5 out of 5 stars (from 83 reviews)

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