Leaving a Legacy: Inheritance, Charity, & Thousand-Year Families
Categories: Business & Money, Religion & Spirituality
Legacy adviser Johann Kurtz takes up the question facing families as a historic wealth transfer approaches: should wealth go to children or to charity? Drawing on the philosophy, theology and practice of inheritance in the Western and Christian tradition, he distinguishes charity from philanthropy and nepotism from family duty, and argues that true charity is a multigenerational project in which virtuous family dynasties play a central role.