WLG's Enriching Resources

 

When it Comes to Money, Know Who is Driving

When it Comes to Money, Know Who is Driving
Money Types will Assist or Derail Financial Conversations"Valerie" (not her real name to protect her privacy), newly engaged to Bob who has two children from his prior marriage, is meeting with Bob and his long time male estate-planning attorney. The attorney and Bob are talking about possible structures to use to avoid taxes and protect his key co...
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Proud Mama Moment 3 Tips to Pass Your Values on to Your Children

Proud Mama Moment
3 Tips to Pass Your Values on to Your Children
This week, I'm turning 50 and I thought the best gift I would receive was finishing the first draft of my book, Thrive & Help Thrive. The concept of the book is the more we leverage our True Net Worth (our talents, trusts, treasures & time) towards making a positive difference in the world, the greater our own experience of thriving. Gettin...
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Raising Empowered rather than Entitled Children: 5 Keys to Talking to Your Kids about Money & Wealth

Raising Empowered rather than Entitled Children: 5 Keys to Talking to Your Kids about Money & Wealth
​The number one concern we hear from our clients is the worry that their wealth will negatively impact their children and grandchildren, causing them to be spoiled, entitled, and to lack motivation.Questions like these are keeping thoughtful parents up at night:​"Living in a wealthy community, how do I protect my kids from entitlement, and the peer...
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Lower Your Expectations! 3 Easy Steps to Accomplish Your New Year’s Resolutions

Lower Your Expectations!
3 Easy Steps to Accomplish Your New Year’s Resolutions
Happy New Year! If you are like 92% of us, every December you make New Year's resolutions and by March (at the latest) they are already broken. This year, resolve to accomplish your goals by lowering your expectations. These 3 easy steps will help you accomplish any goals you set for yourself (no matter when).Step #1: Understand How Change Really W...
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The Secret to Having a Healthy Marriage: Know How to Talk about Money

The Secret to Having a Healthy Marriage: Know How to Talk about Money
To kick off Women's Money Week 2017, #wmweek17, this article is dedicated to money in relationships.For those of you who are excitedly and intentionally planning your 2017 wedding, I invite you to consider investing in the health and longevity of your MARRIAGE in the best way possible. How? By knowing how to talk about the most taboo subject in rel...
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When it Comes to Money, Know Who is Driving: Your Money Types will Assist or Derail Financial Conversations

When it Comes to Money, Know Who is Driving: Your Money Types will Assist or Derail Financial Conversations
"Valerie" (not her real name to protect her privacy), newly engaged to Bob who has two children from his prior marriage, is meeting with Bob and his long time male estate-planning attorney. The attorney and Bob are talking about possible structures to use to avoid taxes and protect his key concerns as they relate to his children and begin...
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Invest in the Two C's for Financial Well Being

Angela* (not her real name to protect her privacy) was overwhelmed after winning a large settlement when her divorce was finalized. She hadn't just lost her husband. She also lost her financial adviser. Her financial well-being was in jeopardy.First, what is "Financial Well-Being"? Michael Cole, president of Ascent, explains financial well-being th...
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What Is Your True Net Worth?

What Is Your True Net Worth?
Jamie writes: "To truly calculate your net worth, you must consider all of your assets. Now, let me be clear, as a coach and a consultant to some of the world's wealthiest people, I am not simply talking about real estate, jewelry, or other types of material assets. When determining your True Net Worth (TNW), the real asset classes that need to be ...
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Winter Solstice Revisited: Bringing new light to the darkest day of the year

Winter Solstice Revisited: Bringing new light to the darkest day of the year

With this being the Winter Solstice, I wanted to brighten your day — and maybe help spark your creativity — by sharing a ritual I created when I was a new stepmother.

Shining a Light on the Darkest Day of the Year

In my blended family, Christmas Day was particularly stressful, as my stepdaughters wanted to physically be with both of their parents at the same time. Their mother was more attached to being with her girls on Christmas day, so their father and I worked around her need. We wanted to create a ritual that would be satisfying and would not conflict with what anyone else wanted.

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Delicious Thanksgiving Potluck

Delicious Thanksgiving Potluck

Ready in a snap, with plenty to go around. Go ahead take seconds, thirds even, this menu will fill you up, but you won’t gain any weight.

 
  • Soup

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Antidote to Holiday Dread: How to Communicate Across the Great Divide


Are you dreading the holidays given the current political climate? Are you anticipating conflict ruining your family fun? If so, this article is for you!

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Which Meme Moves You More?

Which Meme Moves You More?

It is November 15, 2016, Donald Trump is the president elect of the United States. Whether you like him or not, voted for him or not, it doesn’t matter, this is the reality. A week after the election, there has been an outpouring of communications: calls, emails, and social media posts. Emotions are running high, with people expressing the full array of feelings. As I read these messages, though, I have noticed that there are generally two types of things being communicated and each one leaves me with a very different set of feeling and sense of empowerment.

 

I am tracking two different types of memes. The first is reactive, full of negative emotions spanning from hopelessness and despair to anger and outrage. This group of memes have a win/lose perspective, viewing Trump’s win as a complete loss to what they believe in and to the future of the United States. The second, communicates that all is not lost, that we can and must hold on to our values and continue to take positive actions towards bringing about the changes we want to see. These communications have a Thrive and Help Thrive perspective, communicating that we need to seek solutions that are less of an either/or and more of a win/win for a broader range of citizens. While it is understandable that there could be very intense, negative emotional reactions to such a divisive election, I find that these communications leave me feeling dejected, listless, and disempowered. Alternatively, the second meme group inspires me, motivates me to take action, and reminds me that others aren’t giving up, so neither can I.

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Changing the Win/Lose Paradigm of this Presidential Election

Changing the Win/Lose Paradigm of this Presidential Election

By their very nature, elections are win/lose for the candidates running, but why does that have to be the case for the country as a whole? This presidential election, in particular, has been incredibly divisive. As a psychologist and coach, I have witnessed, first hand, increased levels of anxiety and fear and am concerned about the potential price Americans will have to pay in the aftermath of this election.

 

Almost everyone seems convinced that if the other candidate were to win, it would be disastrous. In fact, many voters are not happy with either option. They feel that instead of voting for the candidate of their choice, they are voting for the lesser of two evils, making the election not even win/lose, but in fact a lose/lose proposition.

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Surprising Lessons about Financial Health from the Very Wealthy

100dollarheartwithcoinsMoney is one of the most evocative aspects of our lives. Having spent over ten years working with wealthy families, I can assure you that “financial health” has very little to do with how much money we have. What matters most is being emotionally intelligent.

 

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Family Businesses: Recognizing the areas of conflict at the intersection of Family, Ownership, and Management

Family Businesses: Recognizing the areas of conflict at the intersection of Family, Ownership, and Management

Our family business governance specialist, Jim Rappaport teamed up with estate planning attorney Pat Annino in presenting at the Family Firm Institute's conference in London last year on what it takes to be resilient in family businesses.  They highlight some of the key aspects of their presentation in this recent article from FFI -- Resilience: An essential approach to the boundaries among family, business, and ownership for the sustainabiilty of the system

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Prenuptial Agreements, Part 2: Common Prenup Mistakes to Avoid

Beware! If you believe you’ve already figured out what you will do in case you divorce…there are many things you may not have considered or realized are important to discuss before you sign your prenup. Learning what you "don’t know that you don’t know" is essential, and how you go about it can either strengthen or derail your relationship!

In this second part of a conversation with Erik Newton -- former family law attorney and current publisher and producer of Together Magazine and Podcast– we discuss:

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Stealth Wealth: The Hidden Challenges of Success

Wealth Legacy Group's founder and CEO, Jamie Traeger-Muney was featured in this insightful and well-researched piece from NPR's MarketPlace called "Stealthy Wealthy".

 

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PreNuptial Agreements: A Powerful Way to Start your Marriage

 

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Tips for Gracious Giving During the Holiday Season

100dollarheartwithcoinsTis’ the season to connect with loved ones, make merry, and contend with multiple decisions related to spending and giving.

Over the years, we have encountered the following challenges faced by our clients who want to be less stressed, and more intentional, when it comes to their giving. We thought we would share these concerns along with quick tips for how to approach them effectively.

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Support for Mindful Giving this Holiday Season


With the holidays fast approaching, there is likely to be additional stress amidst the fun around gifts and giving. We want to do what we can to support you in having the healthiest, happiest holidays ever… when it comes to MONEY!

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Latest News

Money Types will Assist or Derail Financial Conversations"Valerie" (not her real name to protect her privacy), newly engaged to Bob who has two children from his prior marriage, is meeting with Bob and his long time male estate-planning attorney. The...
Jamie writes: "To truly calculate your net worth, you must consider all of your assets. Now, let me be clear, as a coach and a consultant to some of the world's wealthiest people, I am not simply talking about real estate, jewelry, or other types of ...

Recent Blogs

This week, I'm turning 50 and I thought the best gift I would receive was finishing the first draft of my book, Thrive & Help Thrive. The concept of the book is the more we leverage our True Net Worth (our talents, trusts, treasures & time) t...
​The number one concern we hear from our clients is the worry that their wealth will negatively impact their children and grandchildren, causing them to be spoiled, entitled, and to lack motivation.Questions like these are keeping thoughtful parents ...