Examen
Module 9 - GS 839 questions with verified solutions
- Grado
- Institución
Module 9 - GS 839 questions with verified solutions
[Mostrar más]Vista previa 1 fuera de 3 páginas
Vista previa 1 fuera de 3 páginas
Añadir al carrito
Añadir al carrito
Vendedor
Seguir
BravelRadon
Comentarios recibidos
Vista previa del contenido
Module 9 - GS 839In which group or groups below could you readily find psychologists who specialize in working with
families in business? - correct answer ✔✔Family Firm Institute
Purposeful Planning Institute
What is the meaning of the often-cited saying, "Shirtsleeves to shirtsleeves in three generations"? -
correct answer ✔✔Family wealth is transitionary
What is the difference between "transferring" an estate to heirs and "transitioning" the estate? - correct
answer ✔✔"transfer" is a legal matter
"transition" means enabling the heirs to handle what they receive
When Jay Hughes (and others who follow him, like Tim Belber) says that families have more kinds of
capital than just financial, what point is he making? - correct answer ✔✔Families have "virtues" as well
as money, and to manage those virtues across generations is critical to maintaining the financial well-
being of the family over time.
"Family governance" addresses wealth across generations. Which practice or practices are commonly
found in families whose wealth has remained intact or grown over many generations, say, five or six? -
correct answer ✔✔A family constitution
A family council that holds regular family meetings
For Charles Collier (or for that matter, Tim Belber, Jay Hughes, and Patricia Angus), what best defines the
purpose of estate planning? - correct answer ✔✔To facilitate the transfer and transition of an
appropriate inheritance to enable heirs to thrive
For what reason or reasons does family governance become increasingly important, as wealthy families
go from one to two to three to four or five or six generations? - correct answer ✔✔The family becomes a
"tribe" or "clan" over time.
The family entities become more numerous and complex over time.
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for 9,50 €. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now