An estimated $124 trillion will transfer between generations over the next 25 years, representing the largest wealth shift in American history. 1 Yet building wealth is only half the challenge, as ...

What Is a Dynasty Trust — and Should Your Family Have One? Wealth is built over years. Sometimes decades. But without the right legal structures in place, that wealth can be significantly diminished ...

Fieldpoint Private Trust, a South Dakota-chartered, non-depository trust company, announced its rebrand to Extraordinary Trust, a move that formalizes the firm’s evolution from traditional trust ...

Estate planning is not just about distributing assets—it is about protecting your legacy and ensuring your wealth benefits future generations in a meaningful and responsible way. One of the most ...

Generational wealth refers to accumulating enough financial assets that a sizeable inheritance can be passed on to children ...

I've written before about the individual power of tools like deferred sales trusts, asset protection trusts, limited partnerships and irrevocable life insurance trusts. Each one, on its own, can solve ...

When you imagine the wealthiest people you know — whether in real life or on the covers of magazines — you know that hard work or good luck (or a combination of both) likely played a role in building ...

Building wealth is hard. Passing it on successfully is even harder. Research shows that 70% of wealthy families lose their wealth by the second generation, and 90% lose it by the third, according to a ...

Family Governance is the operating system of a family. It is not about adhering to rules for the sake of rules, but about striking a balance between individuality and unity. Wealth can travel further ...

It has been reported that only 10% of family wealth makes it to the third generation. But a handful of families throughout history have managed to buck this "third generation curse" to create a legacy ...