Passing the Torch: Preserving Family Wealth Beyond the Third Generation: Bloomberg

THE MUST-HAVE GUIDE TO SUSTAINING AND GROWING YOUR FAMILY'S CAPITAL THROUGHOUT THE GENERATIONS

"Money is a form of energy, and since energy cannot be dissipated, it can only be transformed. The proverb cannot be ended, but by developing the right mindset and human behavior, the energy of generational money can be transformed and preserved. In this book, Ilze gives guidelines on personal leadership and taking leadership of your families. She describes the essence of having clarity of your vision, mission, and purpose. She shares wisdom on mental and mind empowerment and understanding how to deal with the challenges and obstacles of life. She explains the importance of loving what you do and doing what you love and offering your service to the world in your own authentic way. She gives guidance on how to manage money wisely." --From the Afterword by Dr. John Demartini, Performance and Behavior Specialist

Passing the Torch offers much-needed guidance for high-net-worth families on what it takes to foster a strong family dynamic to be truly generational. The author reveals how to create a culture of sustainability and growth and endow subsequent generations with the tools and mindset necessary to prosper. With wisdom based on experience, the author shows subsequent generations how to receive the family's wealth, sustain and grow the family's capital, and pass the principles of responsible wealth management on to the next generation.