What are The Three Kinds Preserving Of Family Wealth?

Health and family growth is vital for many of those who have wealth. creators of wealth, often wealth earned through sacrifice and risk taking, hoping that their wealth is preserved and can have a positive impact on the family for generations.

Commonly in Western society, we believe that the good practice of the only preserve financial assets, the things we have, is the main objective. While this is certainly a very important goal, of course, it is not the only one.

It has been carefully mentioned in previous writings, that wealth is created and destroyed often within three generations. As James Hughes site in his book, "family property", the old Chinese proverb is "shirt shirtsleeves in three generations." To explain further, the existence of wealth occurs in three stages within a family.

Along with this physical, the first step is the creation that occurs in the first generation wealth creators. These are often "mom and dad" creating wealth, usually through a successful commercial enterprise.

The second stage is the stage of stasis; deadlocked step or what can be considered a point of equilibrium in which maintaining or preserving the relationship.

Then finally, the existence of matter, or in this case wealth, moves in a state of entropy or decomposition. If they are not properly cared for, wealth begins to disappear or transferred outside the family. This usually occurs with the third generation, or at least has a reputation for doing so, as the third generation is far removed from the concept and the requirements needed to create wealth in the first place, also known as "cradle syndrome of gold".

The question is how long the family can maintain their wealth and make them last preferably in the first stage of creating generations?

The first step is to recognize that there is more than one type of wealth in a sustainable and healthy family. Wealth, class that is vital in a sustainable strong family for several generations, comes in three forms: human wealth, intellectual wealth and financial wealth.

Human wealth is related to the welfare and happiness of a family member; the floor with purpose and strength in their own identity and sense of freedom. Often, one of the challenges of an individual inherits a considerable wealth is they know they do not work for it or create it first. Along he has no idea what it really takes to create wealth, they know they do not earn and can form a guilt complex.

Another result, which is common to the second generation, is a sense of obligation to preserve, where you have to do as a lawyer or financial advisor. However, among the beneficiaries of significant wealth, life can become very annoying in some respects. Very often, these heirs may ask why her friends really like - they're just in love because of their wealth? This can create insecurity.

The point is that human wealth is an essential form of wealth that should be given a family environment to grow and thrive, and to maintain and build a sense of purpose. Therefore, like any successful organization, the most important family asset is its people and success, growth and happiness of its members. Therefore, the physical and emotional wellbeing should be a priority.

The second form of wealth within the intellectual wealth of the family. intellectual wealth can be described as the construction and maintenance of knowledge, creativity, skills and experience to support and promote the welfare of the whole human family and financial wealth.

Although difficult to quantify, intellectual wealth can be measured by the success of each individual, whether academic, artistic, professional or business related, or interpersonal. This intellectual capital is also necessary that the individual family members to preserve and develop the financial capital. In fact, it is essential for both human and intellectual capital of financial wealth to survive in a family for generations.

Without proper planning and family governance structure, the three types of wealth, human, intellectual and financial wealth will not survive. Therefore, the saying "shirt shirtsleeves in three generations" materializes. A good estate planning and legacy must be carefully designed and structured to preserve the three forms of wealth.

Wealth meaning is to get rich !

Wealth means to be rich state. Being rich in what it means to have possession of money or property. Wealth can also be seen in terms of things inside. In other words, it may be rich in knowledge, wisdom, technologies, etc. What you are rich opulence vital for human and social growth.

The importance of wealth has allowed many people who want to do in recent years. Many people, if not all, the desire for wealth. They want to be effective in society, who want to control the properties and cash. In fact, many people want to control human and natural resources. Some desire to break the world record of wealth. The desire for wealth, is not compatible with the determination and faith, leads men to commit atrocities and evil of all kinds to make a fortune. Some people involved in prostitution, theft, robbery, bribery, extortion, illegal, internet fraud, rituals and all kinds of wealth simply asking. Bad practices in today's world can be attributed to the human desire to be rich to have a comfortable life; a life of happiness and pleasure, where everything you want the best and the core.

This determination of wealth led to my research on this word called wealth. Is there a way to get this wealth without too much stress? Can we do that wealth without leaving home? Is it possible to become a rich man without proper training? What are the characteristics that lead to the wealth of possession? Is there a particular secret to wealth? Can I be the richest man in the world? Everything is possible. Decision wealth is a product of thought. As a man thinketh in his heart, so is he. There are secrets you need to know to make a fortune. All good things have a secret, it is wealth. Its ability to achieve these secrets is important it is the only way to make a fortune. You can never do well in everything you do not know your secrets. Here I would like to describe some of the thirteen steps of Napoleon Hill proved to achieve personal and lasting financial success. These are the secret principles of wealth.

- Desire

This is the number one secret to wealth. Whoever wants to make the desired wealth should sit. He / she must be prepared to make wealth. It is only when the wealth that can be desired. The strong will and determination to make it generate wealth is only a good life in luck.

- Faith

Anyone who wants riches must have faith in wealth. You must believe that wealth can be generated. You must believe in the principles of wealth management. Without faith, we can not make wealth. Confessions persistence in wanting to increase wealth. Consider all the things for him / her. They doubt the possibility that wealth can lead to catastrophic poverty.

- Jurisdiction

This is a secret of wealth. Must, general knowledge of hand, specialize in certain areas of knowledge and skills. Your special knowledge of the general culture in your field and the rest of the population in the general area. In the general legal knowledge combined with specialized knowledge of marketing information products, the lawyer would have an advantage over their competitors. There must be a specialized and unique acquired, different from the general knowledge.

- Imagination

Imagination is a secret key in the production of wealth. Napoleon Hill called "the workshop of the mind." It is defined as the ability to create images in your mind. When you want wealth and start thinking about faith, believe like a rich man, speak and act like a rich man, while the mindset lead to wealth creation. What one might imagine, it is available. Thanks to the imaginative power of the mind, wealth is inevitable.

- Decision

Anyone wishing wealth is quick to make decisions, but slow to change. Decisions made in the body may face obstacles in life, but a man who wants more wealth can come these obstacles by persistence in his / her decision. To take tangible decisions are slow failure in life. Your ability to say no when necessary and thus, together with a decision maker. Do not wait to make decisions that can transform your life, because your life is in your hands.

- Persistence

Persistence is a secret key of wealth. Wealth is not resigned to turn. Quitters are the failures of our generation and for life. Everything we do, which is beneficial to take due care. You never stop when you face challenges and tests. Hidden in these tests and challenges are opportunities and real victory. Rich men persist in their efforts and decisions of life without which failed to secure the persistence of wealth.

- Sex Transmutation

Sexual desire is the most powerful of all human desires. When sex desired, he / she will develop the welfare of the imagination, courage, perseverance and willpower and creative ability unknown to him / her on other occasions. The ability to sexual desire in the transmutation of the creative imagination can make a genius of men. This can be done through established with a sexual partner, in this case, your spouse, your creative skills to reduce unnecessary loss of sex when it comes to desire thought. Instead of wasting his creative imagination to think how to seduce, approach and talk to the opposite sex, just use it in a positive and creative thinking could make you a millionaire. Investigate what people do best when they have fewer sexual problems. When a woman is with her inspiration, one can become rich if used positively.

In conclusion, wealth has secrets. These secrets are discussed here because the principles of wealth production. Anyone who uses them wisely and complain about the positive poverty. You are poor because you have accepted. With little or no background, world records have emerged rich men because they know the secrets of wealth. Applying these secrets today, wealth is knocking at your door. You're the next millionaire in your community and the richest man in the world. Congratulations to you!