Description
Discover the transformative power of family giving with **The Cycle of the Gift**, a vital resource for navigating the intricacies of philanthropic practices within families. This comprehensive guide, authored by experts Hughes, Massenzio, and Whitaker, delves into the essence of **effective gift-giving** in today’s society, especially pertinent for families managing significant wealth. With current tax laws permitting substantial tax-free gifts, this book is essential for affluent families looking to optimize their gifting strategies while maintaining family harmony.
**The Cycle of the Gift** is structured into three enlightening sections: **The Who of Giving**, **The How of Giving**, and **The What and Why of Giving**. In the first section, you will learn about the pivotal roles of givers and recipients, including parents, grandparents, and trustees. The second section emphasizes striking a balance between givers’ desire for control and recipients' need for autonomy in utilizing their gifts. Finally, the authors explore the various types of gifts, from financial assets to family values, offering invaluable insights into the true essence of giving.
Experience the innovative **family bank** concept, which redefines how families can foster growth and prosperity through loans, trusts, and gifts. Even families without massive wealth can utilize the wisdom and practical strategies discussed in this essential guide for enriching their legacy of generosity. Navigate the complexities of gifts and strengthen your family bonds with **The Cycle of the Gift**, the definitive resource for thoughtful and impactful family giving.
**The Cycle of the Gift** is structured into three enlightening sections: **The Who of Giving**, **The How of Giving**, and **The What and Why of Giving**. In the first section, you will learn about the pivotal roles of givers and recipients, including parents, grandparents, and trustees. The second section emphasizes striking a balance between givers’ desire for control and recipients' need for autonomy in utilizing their gifts. Finally, the authors explore the various types of gifts, from financial assets to family values, offering invaluable insights into the true essence of giving.
Experience the innovative **family bank** concept, which redefines how families can foster growth and prosperity through loans, trusts, and gifts. Even families without massive wealth can utilize the wisdom and practical strategies discussed in this essential guide for enriching their legacy of generosity. Navigate the complexities of gifts and strengthen your family bonds with **The Cycle of the Gift**, the definitive resource for thoughtful and impactful family giving.