Keeping Family Wealth and Avoiding Transfer Failures Teaser Clip

Keeping Family Wealth and Avoiding Transfer Failures

Speaker: Doug Orton Senior Business Development Strategist

Transcript: The idea that wealth is destroyed as it passes between generations isn't a problem that just happens in the United States. When I first started talking about wealth transfer failures, I was looking for an interesting opener and I came across this saying shirt sleeves to shirt sleeves in three generations. And the idea was one generation builds wealth the next generation squanders wealth.

And by the third generation, the family is back to being working class. If you're interested in ideas to help your clients avoid this global problem, please join our upcoming session where we'll talk about why this is really happening and concrete steps that you can take to preserve your clients wealth and the heirs relationship during the wealth transfer.

 

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