Philanthropy Heirs & Values

Wisconsin Bookwatch, April, 2005

Philanthropy Heirs & Values

Roy Williams & Vic Preisser

Robert D. Reed Publishers

PO Box 1992, 1380 Face Rock Drive, Bandon, OR 97411

1931741514 $29.95 rdrpublishers.com

Philanthropy Heirs & Values is an advice guide written especially for affluent families seeking an effective means to teach their children values, mission, and accountability, preparing one's heirs for a successful transition of wealth and responsibility. Authors Roy Williams and Vic Preisser, both of whom have decades of experience aiding families with post-transition planning, interviewed 3,250 families and examined almost 100 family foundations, and discovered the secret of using philanthropy to teach values, the focus of a mission, and an individual sense of accountability. Revealing specific cases in which the teaching tool of philanthropy determined whether a family would remain unified (and financially successful) in their post-transition period, Philanthropy Heirs & Values offers exercises, examples and checklists for each of the five major age groups. An extremely useful instructional that reveals the power of enlightened self-interest. Also highly recommended is Williams' and Preisser's previous guide, "Preparing Heirs".