Michael Hertwig’s Post

In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is even greater. Younger generations want to be convinced - not told - about succession plans. Learn more about smooth family succession planning in our Billionaire Ambitions Report 2023. https://lnkd.in/dMgritc9 #Billionaires #ShareUBS #UBSBillionairereport https://lnkd.in/dnDgRG2T

In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is even greater. Younger generations want to be convinced - not told - about succession plans. Learn more about smooth family succession planning in our Billionaire Ambitions Report 2023. https://lnkd.in/dtrA2AwU #Billionaires #ShareUBS #UBSBillionairereport https://lnkd.in/dW39NEdQ

In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is even greater. Younger generations want to be convinced - not told - about succession plans. Learn more about smooth family succession planning in our Billionaire Ambitions Report 2023. https://lnkd.in/eBk9CjCT #Billionaires #ShareUBS #UBSBillionairereport https://lnkd.in/e_K95Q6Y

In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is even greater. Younger generations want to be convinced - not told - about succession plans. Learn more about smooth family succession planning in our Billionaire Ambitions Report 2023. https://lnkd.in/dCNqmZRs #Billionaires #ShareUBS #UBSBillionairereport https://lnkd.in/ds7c_77J

In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is sometimes even greater. Younger generations want to be convinced - not told - about succession plans. And this is exactly what I am experiencing when working with families across regions on their governance project. Engaging multiple generations together and discussing what goal they want to achieve with their wealth, how family members from different generations can contribute to a joint vision and what it all means in terms of family communication and decision making is key to any successful family strategy and long-term plan. Learn more about smooth family succession planning in our Billionaire Ambitions Report 2023. https://lnkd.in/dbe649f4 #Billionaires #ShareUBS #UBSBillionairereport #FamilyGovernance #NextGeneration

A plan is essential for generational wealth In any family, different generations have different ambitions. Yet in today's wealthy families, the divide is even greater. Younger generations want to be convinced - not told - about succession plans. Generational wealth requires careful planning and open dialogue. Today's wealthy families navigate diverse ambitions across generations, demanding sophisticated succession solutions. Multi-family offices play a pivotal role in supporting and guiding families through this process. Explore insights on smooth family transitions in our Billionaire Ambitions Report 2023. https://lnkd.in/ei6xCd3a #ShareUBS #WealthManagement #SuccessionPlanning #MultiFamilyOffices https://lnkd.in/e6qphY8X

In recent years, the family drama surrounding an aging media mogul — and his unresolved succession plans — have been at the center of a hit television show. For family businesses, succession planning is a sacred duty, reflecting stewardship and foresight. But relationships among family members are sometimes just as complicated in real life as they are on TV and monetizing a closely held business to help fund retirement often takes longer than expected. As faithful custodians of legacy, we navigate this transition with humility, seeking divine wisdom to guide our decisions. https://lnkd.in/g5CuQywU #financialmanagement #wealthmanagement #financialstewardship #wealthplanner

Geoffrey and his wife were growing tired of trading time for money. When a friend introduced them to Lifestyles Unlimited, they discovered a clear path to retirement and joined in May 2022. The Single Family house they're sharing at Case Study has a Cash Flow of $324 per month, $14,612 Equity Capture, and a 9.5% Cash-on-Cash Return! #SingleFamilyInvesting #SingleFamilyPortfolio #EquityCapture #CashFlow #CashOnCashReturn #RentalProperties #FinancialGrowth #RealEstateInvesting #FinancialFreedom #BuildingWealth

Will You Miss The Great Wealth Transfer? 🔛 Hi, I'm Misty Lynch. Today, let's talk about The Great Wealth Transfer. Trillions of dollars will soon pass from baby boomers to their heirs. But what if you're like me and you won’t get a big windfall? Remember this. The Great Wealth Transfer isn't a plan. It's potential. Relying on inheritance for your financial future is risky. You can’t predict what your older family members need as they age or what it costs. You’re empowered when you make your own plans. Start with your financial goals, then work backward to create a plan that doesn’t depend on windfalls. Whether it's saving, investing, or cutting unnecessary expenses, taking control of your financial future is essential. It's never too late to start. Whether you're in your 20s or your 60s, the best time to plan for your financial future is now. Small, consistent actions can lead to significant growth over time, thanks to the power of compound interest. Remember, while The Great Wealth Transfer is a big deal for some, building your own path to financial security is better for you. . . . . #FinancialAdvisor #GreatWealthTransfer #Inheritence #InheritedWealth #FinancialAdvice #RetirementPlanning

Building generational wealth isn't just a dream—it's a strategy. 🏠 With the right team of advisors, planning, discipline, and long-term outlook, you can create a legacy that benefits your family for generations. Investing in properties that appreciate over time can help you get there faster. Ready to take the first step? Let's start by putting a plan together based on when you would like to retire. #GenerationalWealth #RealEstateInvesting #FamilyLegacy #HomeBuyerTips #singinglender #JacalynForleo #Jacalyn #ZenithHomeLoans