Clients

  Philanthropy

CHALLENGE

Mr. and Mrs. Johnson sought to prepare their children for the responsibilities associated with inherited wealth. “As the Greek philosopher Aristotle reminds us in his book The Politics, families are the first and fundamental layer of all systems of government. It is in the family where individuals learn values. It is in the family where the first agreement or social compact comes into being through the giving up of some individual freedom in return for a perceived greater freedom.” — James Hughes, Family Wealth

STRATEGY AND SOLUTION

Andina assisted Mr. and Mrs. Johnson in implementing a system of pre-inheritance experiences to help them determine how their diverse children will individually act as stewards over small amounts of assets.

RESULT AND CLIENT BENEFITS

Mr. and Mrs. Johnson also implemented experiential philanthropic opportunities to teach their heirs how to participate in giving rather than just making donations to charities. As the heirs acquired skills, Mr. and Mrs. Johnson gradually increased their responsibilities.