How to Not Ruin Your Kids with Money, Mark A. Shiller
How to Not Ruin Your Kids with Money, Mark A. Shiller
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How to Not Ruin Your Kids with Money
Navigating the Challenges of Transitioning Wealth in Families

Author: Mark A. Shiller

Narrator: Mark A. Shiller

Unabridged: 4 hr 32 min

Format: Digital Audiobook Download

Published: 05/15/2024

Includes: Bonus Material Bonus Material Included


Synopsis

Worried that the wealth you'll leave behind will harm those you love the most?Even those with a modest amount of wealth can find themselves lying awake at night worrying that the wealth they have might actually jeopardize the well-being of their children and grandchildren. There must be a way to address those fears and set things up for a positive transfer of wealth, right?For over 30 years, Mark Shiller has walked alongside many families as an estate planning attorney and advisor to help them parent/grandparent well with wealth. In this audiobook, he shares with you what he's learned over the course of his career that works well and what doesn't.How to Not Ruin Your Kids with Money is an honest, compassionate, insightful conversation to enable you and your family to:Understand the challenges you're facingProperly and realistically define what success looks likeKnow what you should and should not do regarding wealthEmpower the next generations of your wealth as to wealthSafely walk through your heirs' most challenging stages of lifeGet the most out of your advisorsAchieve meaningful, multi-generational goalsWhether you are uncertain or even downright scared of what impact an inheritance might have on those you leave behind, deep down you know that just hoping it all works out is not a winning plan.So find a quiet spot to listen and take in a new mindset with better tools, strategies, and insight to turn fear into hope and hope into greater confidence regarding wealth within your family than you probably thought possible.

Reviews

Goodreads review by Mary on August 07, 2024

Read this book if you’re interested in successfully transferring wealth to your kids and grandkids. It’s applicable for all levels of wealth and provides great examples of how to have meaningful conversations with your family about values and goals and to set G2 and G3 up for success.......more

Goodreads review by Kepler on January 17, 2025

Very thought provoking Many topics and suggestions as well as the "homework" that is needed both to be done, as well as that needs to be considered, are found herein. Lots of work to do!......more

Goodreads review by Harley on March 19, 2025

Ok but could be more succinct.......more

Goodreads review by Yomi on September 28, 2024

Why wouldn’t kids be ruined with money and any other convenience possible if they never experience wanting or adversity growing up? It’s not the same for the rich as it's for the poor or the middle class. This book did a great service to all the necessary psychological preparedness not to be ruined......more