One of the worries most consistently voiced by affluent families is how to raise children who are productive, motivated, responsible, and generous. This task is difficult not only for parents who have acquired wealth during their lifetime but also for parents raised amid wealth themselves. See the links below for written and web-based resources about financial literacy, parenting skills, and family-oriented estate planning.

Resource Guide for Financial Literacy and Estate Planning (pdf)

Taking the Time to Teach - A whitepaper developed in conjunction with Calibre, a former family-office division of Wachovia (now Wells Fargo) - May 2006

In collaboration with State Street Global Advisors, the following resources outline the basics of financial literacy for advisors and clients in two webcasts plus client handout.   Each emphasizes the importance of starting early in building sound relationships with money for children (webcasts require free registration):

The ABC's of 123's: Helping Clients Raise Financially Intelligent Children: Webcast for Advisors
and,
The ABC's of 123's: Helping Clients Raise Financially Intelligent Children: Webcast for Clients with pdf handout for Clients

Great role models can help foster crucial skills and attitudes about money for the next generation.   This article for the Pitcairn Family Offices client newsletter provides down-to-earth advice for grandparents wanting to do the best they can for their grandchildren in learning about money and ultimately about wealth.

Of Treasured Kids and Treasure Hunts - Pitcairn Family Offices newsletter, November 2010