movement over the past 10 years

movement over the past 10 years, making the rich made out of rich philanthropists who will become a new generation of

Padi Ge Mrs. Dickens novel The book describes a case of competition caused by the tragic legacy of the story, literary works can be said that estate planning is not sufficient for the dangers posed by the most serious ever issued a warning. In addition to non-lawyers, Dickens also are deeply concerns of philanthropists. He philanthropists into two categories:

today's ultra high net worth individuals faced with Dickens so mercilessly ridiculed by the charity to be the plight of the new version. As the explosive growth of private wealth, charitable donations now have unprecedented social significance. Hudson Institute data show that in 2005, the American personal assistance to developing countries than the U.S. government's official overseas development budget of 3.5 times. Buffett, the world's second rich, but last year's statement is the most famous example of this trend. Buffett said he would own the wealth of Bill Gates, together with the common fight against the Third World diseases.

but as entrepreneurs and managers, they have another problem: how to treat their children? On this issue, in recent years, the U.S. charity One of the most intractableSacs à main Chane disputes: A & P supermarket chain heir, founder of Charles Robertson, the Woodrow Wilson School of Public Affairs donated 35 million dollars management issues, and Princeton University had an argument. This pen donation occurred in 1961, has now increased to $ 653 million. In the 40 years the environment has changed, how the provisions of this spending large sums of money, resulting in both serious irregularities.

the children of today's new rich, there are other concerns. PNC Wealth Management survey this year, a richer, the more likely additional restrictions on the provision in a will. For example, they must complete a university education, or to have a satisfying career. Such constraints is quite important to avoid conflicts, but also increases the risk that acts like a Padi Ge wife. Private banks wisely this into a profitable business. Their central task now is to educate heirs how to get rich. They even engage in the world's largest financial centers, Parents complained that, in talking about money, their heirs do not listen to them, it might just listen to the views of private bankers. Perhaps Buffett

find the answer. He not only investment in talent rather, it seems that the donation also full of wisdom. In addition to donations of funds other than Bill Gates, his investment vehicle Berkshire Hathaway will be the same amount of stock donated by his three children, the operation of several foundations. The total value of each of these contributions may be more than $ 1 billion. Buffett's three children each in their own through their own foundations to do things. Susan's attention to women's reproductive health foundations and family planning; Howard Foundation, donations to more than 40 countries, in particular, focus on Africa; Peter's Foundation will focus on human rights.

old Buffett ready to let them continue to do so. In a letter he wrote to his daughter (much the same contents of the letter to his son), wrote: You a good idea, to help families do not you lucky people, and your actions are also very efficient. He suggested that she could focus money and energy into her foundation can play a key role in a handful of projects, considering the cooperation with the brothers, the overall look should also focus on the people around him. This letter should serve as a private banking heir to training camp on the reading content. Perhaps even give Dickens was impressed.