LEADER 04183nam 2200709 a 450 001 9910830226203321 005 20170815150357.0 010 $a1-118-57016-2 010 $a1-283-71512-0 010 $a1-118-48834-2 010 $a1-118-48837-7 035 $a(CKB)2670000000270798 035 $a(EBL)1047938 035 $a(SSID)ssj0000799327 035 $a(PQKBManifestationID)11492609 035 $a(PQKBTitleCode)TC0000799327 035 $a(PQKBWorkID)10764113 035 $a(PQKB)11188313 035 $a(MiAaPQ)EBC1047938 035 $a(DLC) 2012033837 035 $a(CaSebORM)9781118488379 035 $a(OCoLC)806993707 035 $a(EXLCZ)992670000000270798 100 $a20120817d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe cycle of the gift$b[electronic resource] $efamily, wealth, and wisdom /$fJames E. Hughes, Susan E. Massenzio, Keith Whitaker 205 $a1st edition 210 $aHoboken, N.J. $cWiley$dc2013 215 $a1 online resource (194 p.) 225 1 $aBloomberg 300 $aIncludes index. 311 $a1-118-48759-1 320 $aIncludes bibliographical references and index. 327 $aThe Cycle of the Gift: Family Wealth and Wisdom; Copyright; Contents; Preface; Acknowledgments; Introduction; Some Key Terms and Images; Chapter 1: The Elephant in the Room; Grandparents' Checks; When Giving Becomes an Opportunity; Chapter 2: The Spirit of the Gift; Where the Spirit Leads; The Who of Giving; Chapter 3: Becoming a Wise Giver; Know Thyself; How Much?; Guilt and Remorse; Nothing Too Much; Chapter 4: Receiving Wisely; A Bad Investment?; The Psychological Stages of Giving; Developmental Stages; Giving and the Work Ethic; Not Yet; Meteors and Resilience; Investing in Recipients 327 $aChapter 5: SpousesLearning from Yourselves and Each Other; Three-Step Process; Blended Families; Prenuptial Discussions; Fiscal Unequals; Chapter 6: Grandparents; Grandparents' Great Opportunity; Involving Parents; Grandparents and Philanthropy; Chapter 7: Trustees; The Choice of Trustee; The Type of Trustee; The Relationship between Beneficiary and Trustee; A Regenerative Role; Chapter 8: Elders; Intergenerational Dynamics; Growing Elders; The Work of Elders; The How of Giving; Chapter 9: Control versus Freedom; The Myth of the Free Gift; Cui Bono?; The Giving of Accounts; Letting Be 327 $aChapter 10: Fair versus Equal, Separate versus TogetherThe Balancing Act; Pot Shots; Flourishing; Promises; Chapter 11: Giving Outright, via Loans, or in Trust?; Options; Sharing the Spirit; Making Loans Work; Why Trusts?; The Family Bank; Form versus Function; The What and Why of Giving; Chapter 12: What Families Give; Homes; Business Interests; Values; Rituals; Reputation; Chapter 13: The Why of Giving; Why Not; The Family Tree; Giving Thanks; About the Authors; Index 330 $a A comprehensive guide to giving well to family members Giving is at the core of family life--and with current law allowing up to 5,120,000 in tax-free gifts, at least through December 2012, the ultra-affluent are faced with the task of giving at perhaps largest scale in history. Beyond the tax saving and wealth management implications, giving to family members opens up a slew of thorny questions, the biggest of which is, ""How do I prepare recipients of such large gifts?"" With that question and others in mind, Hughes, Massenzio, and Whitaker have written The Cycle of the G 410 0$aBloomberg 606 $aFamilies 606 $aWealth 606 $aFamilies$xEconomic aspects 606 $aEstate planning 615 0$aFamilies. 615 0$aWealth. 615 0$aFamilies$xEconomic aspects. 615 0$aEstate planning. 676 $a306.85 676 $a343.730535 700 $aHughes$b James E$034242 701 $aMassenzio$b Susan E$01663710 701 $aWhitaker$b Albert Keith$01663711 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910830226203321 996 $aThe cycle of the gift$94021228 997 $aUNINA