Nov. 16, 2021—Wealthy parents often avoid talking with their children about the family wealth. Some may feel the subject is taboo, others may worry that knowledge of an inheritance will negatively affect their kids. However, it is important to have these conversations to prepare your children for the wealth they will inherit.
Running a business throughout a pandemic hasn’t been easy. But many business owners remain skeptical about the economy even moving beyond the pandemic. In March 2020, 57% of business owners had confidence that they would achieve their business’ long-term financial objectives, but by February 2021, only 34% still had that confidence, according to Wilmington Trust research.
A sector update with a look at transparency. This updated research report shows that Catholic foundations continue to be a fast-growing sector in philanthropy in the United States.We believe the most successful foundations will continually adapt and refine their strategic growth plans for the future, which will look at both investment performance and fundraising.
