Giving Wisely: How to Foster Flourishing Over Entitlement

One of the most common concerns families have revolves around how to share wealth with family members without encouraging entitlement. With forethought and care, giving well and wisely can bring families together and strengthen the bonds between generations. The steps to giving wisely—and fostering flourishing over entitlement—include clarifying your intentions, understanding your recipients, communicating more rather than less, and letting go of what you cannot control. It is also important to have a multi-stage communication process that takes into consideration your goals and the readiness of the recipient.