Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values
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by Roy Williams and Vic Preisser
For 20 years, Williams and Preisser studied the legacies of 3,250 wealthy families. Their finding was striking: 70 percent of wealth transfers fail by the next generation.
The failure, they found, rarely comes from taxes or bad planning. It comes from families never preparing their heirs for the responsibility itself.
- Why 70% of estate transitions fail within one generation
- What the successful 30% of families did differently
- Building family harmony before transferring wealth
- A practical assessment tool for evaluating your own plan
Preparing Heirs offers clear, concise, instruction for evaluating your plan for transitioning family wealth. It’s designed as a working tool, pairing givers with lawyers and financial advisors.