Luncheon Keynote: What Can Philanthropy Offer a Client and his Family in the Way of Character Protection for the Future?
Presenter: Richard Watts, Family Business Office
Thursday, April 24 | 1:00 pm
can Philanthropy offer a client and his family in the way of character
protection for the future? How should service professionals present the
potential crisis of derailing their own children with money? How do we
decide what to leave our kids from our estate? How much is too much?
What can happen if an inheritance changes the lifestyle of our children?
Does our estate plan have to be customized for each of our children?
topics will be discussed by Richard Watts, advisor to the richest
families in America, and author of Fables of Fortune: What Rich People
Have That You Don’t Want. Richard will suggest that your common sense
may be your most valuable tool in assisting the rich navigate the waters
of wealth and its complications to both family and friends.
you assume resides in the lifestyles of the wealthy is often far from
reality. Richard has been an attorney and advisor to these types of
families for 30 years and can give you a real time look into their
concerns, fears, and fantasies.
founder and President of Family Business Office ® (FBO), was admitted
to the California State Bar to practice law in 1982 and is an alumnus of
the Harvard Business School. FBO is a legal and consulting firm to
families of high net worth and family office enterprises. Richard’s
families rely on him to oversee family operations and make decisions
with them on a daily basis. Richard is an author of the book Fables of
Fortune: What Rich People Have That You Don’t Want, is a writer for
numerous publications throughout the United States and Canada, and
speaks nationally on transitioning wealth to your children.
is a resident of Laguna Beach, California. His passions include
traveling with his wife, Debbie and family, long board surfing at San
Onofre, swimming, skiing and snowboarding in the local mountains, piano,
and music composition. He is the proud father of his three sons; Aaron
(wife Rene), Todd (wife Stephanie), and Russell, and has two
granddaughters; Maclane and Lucy.