The Cycle of the Gift: Family Wealth and Wisdom
Praise for The Cycle of the Gift
"A generous spirit and crystal-clear values are the foundation that protect a family from spiraling into dysfunction and entitlement. The Cycle of the Gift is the perfect blueprint."
—Charlotte B. Beyer, founder and former CEO, Institute for Private Investors
"This is a remarkable book. It truly helps illuminate the issues and breakthrough conversations that families can have around giving to their children and grandchildren."
—Charles W. Collier, former Senior Philanthropic Advisor, Harvard University
"The authors have given the reader much to consider–the spirit of giving, the desired effect when making gifts, and the function of the gift over the form. Like Family Wealth, this book puts a spotlight on the most important questions for family members to contemplate when making gifts and offers the potential for completely different outcomes from the experience."
—Sara Hamilton, founder and CEO, Family Office Exchange
"With thoughtfulness and clarity based on a multi-discipline collaboration of considerable expertise, the authors challenge readers to mindfully consider the dynamics that occur between a gift giver and the recipient. The Cycle of the Gift is an invaluable resource for both individuals and the advisory community."
—Dr. Lee Hausner, Managing Director, First Foundation Advisors
"The Cycle of the Gift is a must-read for affluent families. It deals with one of the most difficult and profound issues: how much should I gift and what process should I follow? It provides powerful insights to help family members become mindful givers and receivers."
—Mel Lagomasino, CEO, GenSpring Family Offices
"This extraordinary book is a gift. Its contribution is helping us understand the complete cycle of any gift. The true gift of this book and of its writers is turning awkward situations and even pain . . . into joy!"
—Thomas R. Livergood, CEO, The Family Wealth Alliance
"The best learning comes when a book is able to take something that you do and consider important, and guides you to step back and look with fresh eyes.The Cycle of the Gift takes the process of gifting, a foundation of all society, and takes us on a journey to understand its deeper nature."
—Dennis Jaffe, Saybrook University
"These well-versed authors offer a golden blend of technically astute practical guidance and the foundational spiritual and classical knowledge of wisdom, discernment, and counsel."
—Paul G. Schervish, Professor and Director, Center on Wealth & Philanthropy, Boston College
"Families with wealth face a great and persistent challenge: how to give to children and grandchildren in ways that enhance their lives rather than create dependency. The Cycle of the Gift faces this challenge squarely with sound and prudent counsel. If leaving a legacy is important to you, this is a must-read."
—James P. Steiner, President, Abbot Downing, a Wells Fargo Business