James E. Hughes, Jr.'s Books

Family

The Compact Among Generations

By: James E. Hughes, Jr.

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Family

The Compact Among Generations

By: James E. Hughes, Jr.

Why do some families thrive for generations? What accounts for the sad deterioration that others experience? This book takes families and the professionals who serve them beyond the now widely accepted practices offered in Family Wealth and offers a view of Hughes's panoramic insights into what makes families flourish and fail. It lays out the basis for the vision of family governance the author has been developing through his work and research. His advice addresses not only what to do but how to think about the complex issues of family governance, growth, and stability and the ongoing challenge of nurturing the happiness of each family member.

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Page Count

357

Publisher

John Wiley & Sons

Published Date

ISBN 10

0470884576

ISBN 13

9780470884577

The Voice of the Rising Generation

Family Wealth and Wisdom

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

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The Voice of the Rising Generation

Family Wealth and Wisdom

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

Avoid "Shirtsleeves to Shirtsleeves" by Finding Your Voice Growing up in a family with significant wealth or a family business can often feel like an exercise in silence. What should you ask? Whom should you ask? When? Is it ever right to talk about such things? The Voice of the Rising Generation speaks directly to those who find themselves living in that silence, the so-called "next generation." Great wealth or a family business can act like a "black hole," sapping the dreams and aspirations of future generations who feel that they can never measure up to the fortune's founder. This book, written by a psychologist, an educator, and a wise counselor who single-handedly changed the landscape of family wealth, diagnoses with economy and precision the cause of entitlement and dependency. It is not too much money or too few chores. It is the failure of rising generations to individuate, that is, to pursue their dreams, develop their resilience, and find their voice. Many books are addressed to parents and grandparents who worry about the effects of wealth on their descendants. Almost alone in the field, this book speaks directly to 20-, 30- and 40-somethings, encouraging them—literally, giving them courage—to meet the challenge of integrating wealth's power into their lives, rather than disappearing into the black hole. Readers will: Come to understand the true causes of entitlement and dependency Identify the psychological characteristics of the rising generation and the challenges proper to its development Clarify their own dreams, work, and vocation Navigate personal relationships and communication within the context of wealth Recognize the special challenges faced when rising is delayed until mid-life. If you are a young person who is starting your life's journey and wondering about the effects of parental gifts, trusts, or a family business, this book will offer you questions, reflections, and lessons-learned to help you find your own way. If you are a parent, grandparent, elder, or mentor, The Voice of the Rising Generation can serve the young people in your life as a gift more precious than gold.

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Page Count

164

Publisher

John Wiley & Sons

Published Date

ISBN 10

1118936515

ISBN 13

9781118936511

Family

The Compact Among Generations

By: James E. Hughes, Jr.

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Family

The Compact Among Generations

By: James E. Hughes, Jr.

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Page Count

357

Publisher

John Wiley & Sons

Published Date

ISBN 10

0470884576

ISBN 13

9780470884577

Family Trusts

A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators

By: Hartley Goldstone,James E. Hughes, Jr.,Keith Whitaker

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Family Trusts

A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators

By: Hartley Goldstone,James E. Hughes, Jr.,Keith Whitaker

An insightful and practical guide to family trusts Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors. It will help families create and administer a culture that recognizes trusts as a gift of love. Marrying the practical and emotional aspects of family wealth, this book provides a hands-on primer that focuses on fostering positive relationships, and structuring the trust appropriately for the situation and the people involved. It tackles difficult topics with frank and honest discussion, from the first beneficiary meeting to working with addictions, and more. Written by a team of experts in family wealth, this information is becoming increasingly crucial to the successful execution of a trust; you'll learn what type of person makes the best trustee, how to be an excellent beneficiary, and the technical aspects that help you build a better trust from the very beginning. There's been a staggering increase in trustee/beneficiary litigation and hostility, but that doesn't mean it's inevitable. Plenty of trusts are running smoothly, with positive experiences on all sides. This book shows you how to set up your trust to succeed from the start, with step-by-step guidance and expert insight. Express clear and thoughtful intent for the trust Create a healthy and supportive culture Select the right trustee, trust protector, and trust advisor Take the time to prepare before initially meeting the beneficiary Conduct a productive first meeting to set a tone for the relationship Historically, there has been little consideration given to the culture of trusts, and this oversight may be a key driver of the behavior that's becoming more prevalent. Family Trusts explores the nature of these relationships, and shows you how to build a trust that retains the nature and spirit with which it was intended.

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Page Count

324

Publisher

John Wiley & Sons

Published Date

ISBN 10

111911828X

ISBN 13

9781119118282

Complete Family Wealth

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

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Complete Family Wealth

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

What matters most in managing the family enterprise Complete Family Wealth is a comprehensive resource for growing, maintaining, and managing wealth across generations. A successor to the classic Family Wealth, now in its 20th year, this book provides updated and expanded guidance to change the way you think about your wealth and legacy. This team of expert authors—who brought the field not only Family Wealth but also Family the Compact, The Cycle of the Gift, The Voice of the Rising Generation, and Family Trusts—ground Complete Family Wealth in a clear account of the “five capitals”: human, intellectual, social, spiritual, and financial. The discussion covers the “what,” “who,” and “how” of family wealth management in clearly-delineated chapters that allow you to dip in as needed, from the principles of family enterprise to family governance, philanthropy, and more. Each family member plays a distinct role, and by exploring each member’s responsibilities in terms of the family enterprise, this book provides insights and ideas for real-world families struggling with all-too-common challenges. Growth-oriented practices today lead to generations of family flourishing in the future. This book provides the answers you need along with guidance and strategy for keeping your family’s complete wealth intact. Understand the five forms of capital that comprise “complete family wealth” Explore the roles of each family member in helping the family enterprise flourish Learn how friends, trustees, and advisors contribute to family wealth management Adopt specific practices that help families grow their complete wealth and ensure its survival through generations Family wealth can sometimes feel like more of a burden than a blessing. Developing the right understanding, character, and structures can improve family enterprise management and protect all your family’s capital from whatever the world throws your way. Complete Family Wealth is a one-stop reference for ensuring a positive legacy for future generations.

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John Wiley & Sons

Published Date

ISBN 10

1119453216

ISBN 13

9781119453215

The Cycle of the Gift

Family Wealth and Wisdom

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

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The Cycle of the Gift

Family Wealth and Wisdom

By: James E. Hughes, Jr.,Susan E. Massenzio,Keith Whitaker

A comprehensive guide to giving well to family members Giving is at the core of family life--and with current law allowing up to $5,120,000 in tax-free gifts, at least through December 2012, the ultra-affluent are faced with the task of giving at perhaps largest scale in history. Beyond the tax saving and wealth management implications, giving to family members opens up a slew of thorny questions, the biggest of which is, "How do I prepare recipients of such large gifts?" With that question and others in mind, Hughes, Massenzio, and Whitaker have written The Cycle of the Gift in three main parts: "The Who of Giving," "The How of Giving," and "The What and Why of Giving." The first part focuses on the people most deeply involved in family giving, especially the recipients and givers (parents, grandparents, spouses, trustees). The second part, "The How of Giving," addresses the delicate balance of givers who want to maintain some level of control and recipients who want some level of freedom in accepting and growing their gifts. The final part, "The What and Why of Giving" describes various types of gifts, from money to business interests to values and rituals. The authors also introduce their "family bank" concept as a model that combines loans, trusts, and outright gifts. It embodies a framework and set of practices for long-term family growth. Even families without great wealth--or those who have already made large gifts to their children and grandchilren--can benefit from the human wisdom and practical advice found in The Cycle of the Gift.

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Page Count

198

Publisher

John Wiley & Sons

Published Date

ISBN 10

1118487591

ISBN 13

9781118487594

Family Wealth

Keeping It in the Family--How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations

By: James E. Hughes, Jr.

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Family Wealth

Keeping It in the Family--How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations

By: James E. Hughes, Jr.

The landmark book that changed the way exceptional families think about their heritage, their wealth, and their legacy to future generations--now revised and expanded. Every family, looking at the next generation, hopes to confer advantages that are more than just material and financial--to inculcate character and leadership, to inspire creativity and enterprise, to help all family members find and follow their individual callings, and to avoid the financial dependency and loss of initiative that can all too often be an unwanted consequence of financial success. Yet many families never succeed in realizing that vision, much less sustaining it for three, four, or five generations and beyond. James Hughes has thought deeply about these challenges, and his insights are at once practical and profound. For more than three decades, he has personally guided multiple generations of families in creating strategies to preserve their human and intellectual capital as well as their financial assets. His teachings synthesize insights from psychology, anthropology, political history, philosophy, economic theory, and the law, with examples ranging from Aristotle to cutting-edge social science theory. His ideas have been taken up by numerous exceptional families, by their advisers, and by scores of authors, practitioners, and academics who have found value in the methods he pioneered. The first edition of this book, privately published, became a word-of-mouth classic. Now, Hughes has updated and substantially expanded it with new chapters that challenge conventional notions of wealth and offer guidelines for conserving family assets in the broadest senses. Filled with tested principles and practices for family governance and joint decision making, it is a rich source of workable wisdom that family members can put into practice today, to the enduring benefit and gratitude of future generations.

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Page Count

256

Publisher

John Wiley & Sons

Published Date

ISBN 10

0470884878

ISBN 13

9780470884874

Howard Hughes: His Life and Madness

By: Donald L. Barlett,James B. Steele

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Howard Hughes: His Life and Madness

By: Donald L. Barlett,James B. Steele

The life that inspired the major motion picture The Aviator, starring Leonardo DiCaprio and directed by Martin Scorsese. Howard Hughes has always fascinated the public with his mixture of secrecy, dashing lifestyle, and reclusiveness. This is the book that breaks through the image to get at the man. Originally published under the title Empire: The Life, Legend, and Madness of Howard Hughes.

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Page Count

692

Publisher

W. W. Norton & Company

Published Date

ISBN 10

0393078582

ISBN 13

9780393078589

America's History

By: James A. Henretta,Rebecca Edwards,Robert O. Self

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America's History

By: James A. Henretta,Rebecca Edwards,Robert O. Self

With fresh interpretations from two new authors, wholly reconceived themes, and a wealth of cutting-edge new scholarship, the seventh edition of America's History is designed to work perfectly with the way you teach the survey today. Building on the book's hallmark strengths — balance, comprehensiveness, and explanatory power — as well as its outstanding visuals and extensive primary-source features, authors James Henretta, Rebecca Edwards, and Robert Self have shaped America's History into the ideal resource for survey classes.

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Page Count

670

Publisher

Macmillan

Published Date

ISBN 10

031238792X

ISBN 13

9780312387921

America's History, Volume 1: To 1877

By: James A. Henretta,Rebecca Edwards,Robert O. Self

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America's History, Volume 1: To 1877

By: James A. Henretta,Rebecca Edwards,Robert O. Self

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Page Count

647

Publisher

Macmillan

Published Date

ISBN 10

0312387911

ISBN 13

9780312387914

Book's by James E. Hughes, Jr.

Family

Family

The Voice of the Rising Generation

The Voice of the Rising Generation

Family

Family

Family Trusts

Family Trusts

Complete Family Wealth

Complete Family Wealth

The Cycle of the Gift

The Cycle of the Gift

Family Wealth

Family Wealth

Howard Hughes: His Life and Madness

Howard Hughes: His Life and Madness

America's History

America's History

America's History, Volume 1: To 1877

America's History, Volume 1: To 1877

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