Of the 49 million, 23.2 million are in family households with two adult generations (with the youngest adults ages 25 or older); 23.1 million are in households with three or more generations; and 2.8 ...

According to Angelo Robles, founder and CEO of the Family Office Association and author of Effective Family Office, “Based on a study on 199 single-family offices – 62.3% 1 st generation and ...

That which provided a perfectly comfortable (or even extraordinary) lifestyle for a single family cannot do the same for four grown children with families. The challenges in multi-generational family ...

2. Share Decision Making: More often than not, beneficiaries of family wealth are unable to properly manage what they’ve inherited.Often this is the result of decisions made by the earlier ...

They say the family who plays together stays together, but when it comes to maintaining and increasing wealth from generation to generation, it’s hardly so simple.It’s no secret in wealth ...