Autorentext

Andrea Baumann Lustig is a Managing Partner of Fischer Stralem Advisors, a wealth management practice within Hightower Advisors. The sixth generation in her family to lead a wealth management firm-her great-great-great-grandfather founded Banque Levy in France in 1810-she has been recognized as a Forbes "Top Women Wealth Advisor: Best-In-State" for five consecutive years.

Klappentext

A powerful guide to crafting a legacy that lasts for generations

In Legacy on the Line: Overcome Blind Spots to Grow and Transfer Your Wealth, sixth-generation wealth adviser and Managing Partner of Fischer Stralem Advisors, Andrea Baumann Lustig shares 30 years of insights working with families to help build and transfer wealth. With the largest wealth transfer in history-$124 trillion-underway, many families risk losing their legacy not through lack of resources, but through unexamined beliefs that quietly undermine their financial future.

This book reveals 10 common blind spots that sabotage legacy planning-convictions so deeply held they go unchallenged, often leading to missed opportunities, increased risk, and unnecessary costs.

Inside the book:

• How emotional loyalty, fragmented advice, and overconfidence can prevent you from getting the strategic guidance you truly need.
• Why chasing returns, ignoring certain assets, or delaying planning can sabotage long-term growth and financial security.
• How silence around your intentions, lack of philanthropic strategy, or fear of change can fracture your legacy and limit its impact.
  Perfect for everyone ready to take control of their financial future and prepare a legacy for their children and grandchildren, Legacy on the Line is a powerful resource offering you the agency, confidence, information, and direction you need to write your own story.

Inhalt

Introduction 1

PART I WORKING WITH AN ADVISER 9
Blind Spot 1 "I Am Working with the Right Adviser" 13
Blind Spot 2 "I Have All the Advisers I Need" 37
Blind Spot 3 "I Can Implement My Plan on My Own" 55
Blind Spot 4 "It's Smart to Work with Multiple Advisers" 81

PART II DEVELOPING A WEALTH PLAN 97
Blind Spot 5 "Success Is All About Getting the Best Returns" 101
Blind Spot 6 "Not Every Asset Needs to Be in My Plan" 139
Blind Spot 7 "I Can Focus on My Wealth Planning After I Sell My Business" 159

PART III TRANSFERRING WEALTH 187
Blind Spot 8 "I Don't Need to Share My Intentions with My Kids; It's All in My Will" 191
Blind Spot 9 "We're Very Charitable; We Don't Need a Philanthropic Strategy" 231
Blind Spot 10 "I Could Never Leave My Current Adviser" 267

Conclusion 281
Notes 285
Acknowledgments 299
About the Author 303
Index 305