Merril Lynch's 6 Point Checklist For Building A Family Dynasty
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Merrill Lynch Private Banking and Investing Group has a new report out about how to build and maintain your family's money through generations.
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It's full of advice and stats about when to talk to your kids about money, how people prioritize their cash, and desires versus expectations. For example, about 17% of respondents surveyed by the bank want to maintain their wealth forever, but only about 11% are expected to do so.
It also includes this handy "Checklist for Sustaining Wealth.
For your consideration:
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