The Cycle of the Gift

The Cycle of the Gift
Author :
Publisher : John Wiley & Sons
Total Pages : 198
Release :
ISBN-10 : 9781118488379
ISBN-13 : 1118488377
Rating : 4/5 (79 Downloads)

Book Synopsis The Cycle of the Gift by : James E. Hughes, Jr.

Download or read book The Cycle of the Gift written by James E. Hughes, Jr. and published by John Wiley & Sons. This book was released on 2012-10-17 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 such large gifts?" With that question and others in mind, Hughes, Massenzio, and Whitaker have written The Cycle of the Gift in three main parts: "The Who of Giving," "The How of Giving," and "The What and Why of Giving." The first part focuses on the people most deeply involved in family giving, especially the recipients and givers (parents, grandparents, spouses, trustees). The second part, "The How of Giving," addresses the delicate balance of givers who want to maintain some level of control and recipients who want some level of freedom in accepting and growing their gifts. The final part, "The What and Why of Giving" describes various types of gifts, from money to business interests to values and rituals. The authors also introduce their "family bank" concept as a model that combines loans, trusts, and outright gifts. It embodies a framework and set of practices for long-term family growth. Even families without great wealth--or those who have already made large gifts to their children and grandchilren--can benefit from the human wisdom and practical advice found in The Cycle of the Gift.


The Cycle of the Gift Related Books

The Cycle of the Gift
Language: en
Pages: 198
Authors: James E. Hughes, Jr.
Categories: Business & Economics
Type: BOOK - Published: 2012-10-17 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

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, a
The Cycle of the Gift
Language: en
Pages: 198
Authors: James E. Hughes, Jr.
Categories: Business & Economics
Type: BOOK - Published: 2012-11-06 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

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, a
The Gift
Language: en
Pages: 256
Authors: Edith Eva Eger
Categories: Self-Help
Type: BOOK - Published: 2020-09-15 - Publisher: Scribner

DOWNLOAD EBOOK

“I will be forever changed by Edith Eger’s story.” —Oprah A practical and inspirational guide to stopping destructive patterns and imprisoning thoughts
Grow Rich with the Property Cycle
Language: en
Pages: 0
Authors: Kieran Trass
Categories: Real estate investment
Type: BOOK - Published: 2004 - Publisher: Penguin Global

DOWNLOAD EBOOK

Understand the way the property market functions – the slump, recovery and boom – to make money. The culmination of more than twenty years observing the pro
Cycle of Lives
Language: en
Pages: 463
Authors: David Richman
Categories: Health & Fitness
Type: BOOK - Published: 2020-10-06 - Publisher: Greenleaf Book Group

DOWNLOAD EBOOK

Have you ever been forced to consider the fact of your mortality? If confronted with cancer, how would you feel? What would you say to the people you love? What