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Five ways to preserve family wealth

Have you ever seen a mansion wasting away? Or a family business close after several generations? For as long as records have been kept, it seems, 9 in 10 families fail to hold onto their assets – and their family unity – for more than three generations. It doesn't have to be that way. There is a formula for sustaining wealth from one generation to the next, and it has little to do with investment strategies or legal structures and everything to do with building family relationships. In our work with The Heritage Institute, which helps successful families pass on their wealth and unity, we have broken down this formula into five essential elements. Whether you're trying to preserve a $50 million estate or a $50,000 inheritance, these five elements can help you build family lasting unity around shared goals:

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Duke upsets North Carolina with buzzer-beater

No. 10 Duke took down No. 5 ranked University of North Carolina Wednesday night, putting Duke back on top of the Atlantic Coast Conference.
Five ways to preserve family wealth

Have you ever seen a mansion wasting away? Or a family business close after several generations? For as long as records have been kept, it seems, 9 in 10 families fail to hold onto their assets – and their family unity – for more than three generations. It doesn't have to be that way. There is a formula for sustaining wealth from one generation to the next, and it has little to do with investment strategies or legal structures and everything to do with building family relationships. In our work with The Heritage Institute, which helps successful families pass on their wealth and unity, we have broken down this formula into five essential elements. Whether you're trying to preserve a $50 million estate or a $50,000 inheritance, these five elements can help you build family lasting unity around shared goals:
NCAA Tournament: Sweet 16 coaches have paid their basketball dues

Reaching this point in the NCAA tournament represents a major achievement in careers that began modestly, even for Coach K.
NCAA mens basketball bracket: Even top seeds lose money

Top teams in the NCAA mens basketball bracket should generate hundreds of millions for colleges. But almost all March Madness teams lose money. What gives?
Letters to the Editor

Readers write about the connections shared by Palestinians and Israelis, why it was foolish of the US to arm Al Qaeda in the 1980s, an pverlooked antiwar view on the Afghanistan conflict, and how some colleges are keeping the "student" in "student athlete."
Storied college basketball rivalry tilts to Tar Heels – for now

The campuses of North Carolina and Duke University are eight miles apart. But the competition between the two is much closer, even if Tyler Hansbrough's team has surged ahead of late.