Giving for Good: Generational Differences in Philanthropy, Legacy, and Wealth Planning
Your family may have a clear desire to make a positive impact on the world, but do you truly understand the differences between how you view the family mission, and how your children see this mission? Based on the latest Key Private Bank Advisor Poll on philanthropy, 80% of financial advisors said only some or hardly any clients involve the next generation in family philanthropy.
Download this infographic to explore how and why high-net-worth individuals and families give back. Find out why ongoing discussions with your family are needed and the many differences in opinion you should factor for when hosting these discussions.
- Explore the biggest generational differences in family philanthropy decisions
- Review trends in charitable giving, preferences and interests in philanthropic causes
- Identify the top challenges for high-net-worth individuals when they give to charitable organizations
- Describe concerns around measuring value and how giving impacts legacy