By Marc Koehler “Where were you again?” my ten-year-old daughter asked me as I slipped into the house late that evening. I utter, “I am sorry I missed your soccer game. Mom said you scored a goal. Great job! Tell me about it.” She is not buying it this time. “I shouldn’t have to tell…
By Joy Loverde Almost every day — barring overextended itineraries (mine) and medical emergencies (his) — I log into my computer to video chat with Martin K. Bayne, my dear and longtime friend. He is an MIT graduate, journalist, and former Buddhist monk. He is also unmarried and childless. At the peak of his…
By Mark Hartnett Families face an uphill battle when passing down their wealth. One oft-cited study conducted by Roy Williams and Vic Preisser has shown that 70 percent of family estate transfers fail as a result of family squabbles and disagreement. To paraphrase noted author James E. Hughes, Jr., families that are truly successful are…
By Marty Chiu Happiness is having a large, loving, caring, close-knit family … in another city.” — George Burns Close — but not too close — is the ideal situation, right? Family ties can be messy. Often family relationships seem to unravel along the journey of life. This is probably not how family leaders intended…
By Amanda Dunn For many collectors, their interest in acquiring art is a passion. People spend their entire lifetime building their collection, and it can make up a substantial part of their net worth. But, unlike the thoughtful planning that is often intrinsic to other assets, the majority of collectors have not crafted a plan…