||1 of 1 people found the following review helpful.| Not just for the very wealthy|By J. Huber|Although the examples in the book deal with millions and even tens of millions of dollars, the path to wisdom the book develops applies to families with much less money to give. As a grandparent helping grandchildren with college expenses, I have used the teachings in this book to convey my values while respecting theirs. It has lead t||"... a thoughtful book about 'giving well,' providing a practical yet philosophical road-map to ensure that intra-family giving will have the most positive effects not just on the recipients but also on the person making the gift." -- Trusts & Estate
A comprehensive guide to giving well to family members
Giving is at the core of family life--and with current law allowing up to $5,120,000 in tax-free gifts, at least through December 2012, the ultra-affluent are faced with the task of giving at perhaps largest scale in history. Beyond the tax saving and wealth management implications, giving to family members opens up a slew of thorny questions, the biggest of which is, "How do I prepare recipients of...
[PDF.zl16] Astonishing Legends The Cycle of the Gift: Family Wealth and Wisdom (Bloomberg) Rating: 3.70 (664 Votes)
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