Drawing on his decades-long career in financial services and his own immigrant experience, wealth management expert Gary Teelucksingh assembles proven research, successful and challenging case studies, and strategies into a comprehensive, step-by-step guide to the intricate process of intergenerational wealth transfer, exploring topics such as tax-efficient gifting strategies, behavioural economics principles, and differing cultural attitudes toward wealth. With checklists, conversation prompts, and planning templates, Roots of Prosperity empowers families, and their wealth advisors and estate planners, to build enduring legacies that preserve both wealth and cultural values.
I heard the author speak on a podcast, and was intrigued by his thoughts, so I picked up his book.
I wanted to like it, but I eventually decided to give up on reading it.
It was repetitive, used superficial “studies” to support points, and tried to use case studies to convey ideas, but they felt forced and not overly interesting.
There are far better books out there on financial planning, wealth transfer, etc. I would skip this.