The Cycle of the Gift: Family Wealth and Wisdom (Hoboken, New Jersey: John Wiley & Sons, Inc., 2013)

The Cycle of the Gift expends the template set up in James Hughes’ Family Wealth – Keeping it in the Family from the technique of family governance, planning, and giving to the philosophical, spiritual, and emotional aspects of giving and receiving. The Cycle of the Gift completes the cycle of estate-planning advice for affluent families that started in Family Wealth. I highly recommend both books.

Family Wealth–Keeping It in the Family: How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations (New York: Bloomberg Press, 2004)

This revised and expanded second edition of James E. Hughes Jr’s. “Family Wealth – Keeping it in the Family” is a template for family governance, estate planning, and wealth preservation for affluent families seeking to maintain their human, intellectual, and financial capital beyond the proverbial third generation.  This is an important read for families who are in a position to benefit from its excellent and timeless advice.