The Importance of Learning to Spend Money

Will talking to my family about our wealth create a sense of entitlement? It’s a concern that lingers in the minds of many wealth holders, according to Danielle Saputo, wealth legacy coach and third-generation member of one of the 500 richest families in the world. In Part Two of our wide-ranging two-part interview, we talk about the importance and the challenges of continuity planning within multi-generational families. Danielle shares the four most common ways families transfer wealth, the one piece of advice she has for anyone setting up a family trust, and what she’s doing to ensure her daughters grow up feeling empowered, not entitled around money.