More Than Money Archive -> Issue 32

#32. Passing the Torch: The Great Wealth Transfer
April, 2003

It is estimated that over the next 55 years $41 trillion will be passed to a new generation of Americans-through inheritance, philanthropy, and taxes. What does this mean for individuals and for society? Is a "Golden Age of Philanthropy" upon us? What are the questions we need to consider as we contemplate the legacy we will leave, not only to our own friends and families but to the world? In this issue of More Than Money, Professor Paul Schervish of the Social Welfare Research Institute discusses what he calls the leading cultural and spiritual question of our time: How to make wise decisions in an age of affluence. The issue includes interviews, articles, and personal stories about passing on wealth, including family business successions, land transfers, leadership in family foundations, legacy planning, and more.


Table of Contents

Avoiding the Family Fight

Culture

BANG for the BUCK - Long-term Legacy

Personal Stories

Family Foundations: The Next Generation

Family Lands

From The Editor

BANG for the BUCK - Buck to the Future!

The Impulse to Make a Difference

Planning a Tax-Efficient Wealth Transfer

Personal Stories

Personal Stories

MoreThanMoney Quick Click

Wealth Transfer in an Age of Affluence

Ensuring Your Legacy

The Role of the Trustee

Ensuring Your Legacy

Viewpoint

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