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Only 10% of wealth passes beyond the third generation. Here's how to fix the problem

It can all be undone without financial literacy, broad definitions of wealth and shared decision-making within the family. ....

United States , Vic Preisser , Jamie Bosse , Roy Williams , Jumpstart Coalition For Personal Financial Literacy , Five Steps , Successful Transition , Family Wealth , Jumpstart Coalition , Personal Financial Literacy , Wealth Transfers , Wealth Transfer ,

Rhodes: Early conversations with heirs can benefit all

The process of wealth transfer should begin long before we pass away because planning and communication can help increase the likelihood of successful transitions. ....

Roy Williams , Vic Preisser , Max Rhodes ,