Yearly Archives: 2015

Only three hard-copy booklets from The Inheritance Project remain.

The first publication from The Inheritance Project—The Legacy of Inherited Wealth: Interviews with Heirs appeared as a home-made 81/2 x 11 thick booklet in 1994. The first professionally produced version of this book appeared a few months later. Following that we (myself—Barbara Blouin, and my co-authors Katherine Brooks, and Margaret Kiersted) created a website. The first book was followed over the next eight years by two more books and seven booklets. One book, Like a Second Mother:Nannies and Housekeepers in the Lives of Wealthy Children, disappeared a few years ago. I decided, with deep regret, to give away the remaining copies because the book, while my favorite, did not sell well. (A few copies, at inflated prices, can be found at amazon.com.)The remaining two books and seven booklets continued to be in print until a few years ago, when a conference facilitator, someone I knew and trusted, bought all remaining copies of the two books (The Legacy of Inherited Wealth and Labors of Love: The Legacy of Inherited Wealth, Book 2.The longevity of these books and booklets—twenty-one years and counting—is a tribute to their ability to be of vital interest and value to wealthy parents, inheritors, and a wide variety of professionals.

After I sold all the books, all the publications, with the exception of Like a Second Mother, were digitized. All remaining copies of the seven booklets were also available as hard-copy booklets for the past few years. Gradually, as they were bought, I decided not to reprint them. The three remaining hard-copy booklets are described below. At this point, only 38 copies of three booklets remain available. (Digitized copies are also available.) One booklet is almost gone: Three copies remain of Wealth Counseling: A Guide for Therapists and Inheritors by Dr. Dennis Pearne, a wealth counselor.

I get requests from people who don’t have e-readers, as well as those who would rather read “real” paper booklets. (Some people refer to these publications as “pamphlets,” which is completely inaccurate. They range in length from 18 pages to 53 pages.)

I appreciate my “non-e-reader” customers because, like them, I do not have an e-reader and would much rather hold a paper copy in my hands. Therefore, it is important for those who might prefer paper to understand the current situation, which is: If you want one, or more, of these booklets—particularly Wealth Counseling at this time—please don’t wait, or you could be out of luck.

I ship booklets air mail from Halifax, Canada, my home. The following is a brief description, found on the web site, of the contents of these three booklets.

Coming into Money: Preparing Your Children for an Inheritance

This booklet is for any wealthy parents who are thinking about whether and how to give substantial money to their children as young adults. It discusses the perils of inheriting early and suggests how parents can make plans that will help empower, not paralyze, their children. 53 pages. $8.00

 

Wealth Counseling: A Guide for Therapists and InheritorsDennis Pearne, an experienced wealth counselor, guides mental health professionals and lay readers through the intricacies of overcoming the issues that inheriting wealth so often produces: guilt, shame, financial ignorance, low self-esteem and lack of motivation. 18 pages. $5.00 
Inheritors and Work: The Search for PurposeThose who inherit enough wealth to make paid work a matter of choice face a unique set of opportunities and challenges. This 43-page essay explores in detail:How parents can help their children develop a healthy work ethic;how heirs can deal with lack of motivation and the fear of being unable to support themselves;how heirs can harness their financial resources to their creativity. $7.00

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Only Connect

By Barbara Blouin, The Inheritance Project

Only connect! That was the whole of her sermon. Only connect the prose and the passion, and both will be exalted, and human love will be seen at its height. Live in fragments no longer.

From Howards End by E.M. Forster

The words “only connect” Continue reading

Young inheritors’ ambivalence about their wealth

By Barbara Blouin, The Inheritance Project

“When I was in my twenties I inherited a little over a million dollars. I thought I was a goddamn Rockefeller!”

—Wendy

The contents in this post are taken directly from my first book, The Legacy of Inherited Wealth: Interviews with Heirs. All the materials in all this books, its sequel Labors of Love: The Legacy of Inherited Wealth, Book 2, and the seven booklets come from “real people.” There are no composite or invented characters. Continue reading

New Oxfam report says half of global wealth held by the 1%

The Guardian, Monday January 19, 2015

From Barbara Blouin, The Inheritance Project: News of a new report from Oxfam, one of the world’s largest and most respected anti-poverty charities, deserves to wake us all up. The following contains excerpts from The Guardian’s January 19 article. It deserves to be read in its entirety. It contains some surprising news about the increasing proportion of inheritors in the one percent. See the sentence in bold. Continue reading