By: Dennis T. Jaffe
Dennis T. Jaffe examines the unique challenges that wealthy families face in raising their children as well-adjusted individuals, productive members of their family enterprises and responsible members of the society at large. To this end, Mr. Jaffe details a five stage plan that begins in the child’s first years with basic instruction about money and builds on this framework with successive stages that culminate with the child’s being accepted as a full family citizen and future leader. With this process completed, the family has taken a major step in insuring the family’s continued legacy through another generation.
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