Publisher's Synopsis
Inheritance is not just a series of financial decisions. There are emotional, psychological, and even cultural dimensions. Parental expectations, sibling roles, cultural values -- all sorts of tension can arise amid difficult conversations and choices about money. The key to building financial and familial prosperity is rooted in shared traditions, trust, and open communication.
Drawing on his decades-long career in financial services and his own immigrant experience, wealth management expert Gary Teelucksingh assembles proven research, successful and challenging case studies, and actionable strategies into a comprehensive, step-by-step guide on the intricate process of intergenerational wealth transfer, exploring topics such as tax-efficient gifting strategies, behavioural economics principles, and differing cultural attitudes toward wealth.
With checklists, conversation prompts, and planning templates, Roots of Prosperity empowers families, and their wealth advisors and estate planners, to build enduring legacies that preserve both wealth and cultural values.
