Families share how they have maintained and grown their wealth from generation to generation.   While creating wealth is a wonderful achievement, business families are also concerned with how their wealth is used to support their values, the lives of their children and the well-being of the community. Over several generations, families who are successful in growing their wealth have been able to reinvent themselves and their business in the face of significant environmental transformations and internal differences cause by family dynamics. Borrowed from my Grandchildren is a fascinating look at how large, long-lasting business families succeed across generations.  Author Dennis T. Jaffe, one of the leading architects of the field of family enterprise consulting, has interviewed members of successful, well known, 100-year family enterprises from 20 countries, who serve as role models for those wishing to see their wealth positively impact their children, employees, and communities. Half continue to own their legacy business and others have gone on to become family offices with a portfolio of shared assets, but all these families have sustained their values and identity as a family over more than three generations.   Offering the collected wisdom of nearly 100 global business families, this insightful book shares the real-life stories of partners in business and wealth management over three of more generations. Families that generate rather than reduce their wealth across generations, known as Generative Families, focus on engaging across generations and develop collaborative governance for both family and business to ensure responsible stewardship from one generation to the next.  This unique resource: Presents real-life stories of families sustaining wealth over generations - Explores both the successes and failures of retaining family wealth - Includes rare private insights from members of prominent wealthy families - Examines the nature of global family enterprises and their evolution over generations - Discusses the financial, human, and social dimensions of wealth Borrowed from my Grandchildren: The Evolution of Stewardship in 100-Year Families is an essential read for family members, non-family executives, family offices, estate planning lawyers, family business consultants, trust officers, philanthropic and foundation advisors, financial advisors, financial planners, CPAs, and other finance professionals. Family business owners and wealth creators with a family office or other shared assets want to see wealth pass successfully to the next generation, but leaving a legacy is often unsuccessful as the new generation fails to use their gift wisely. As Dennis Jaffe explains in Borrowed from Your Grandchildren, maintaining, growing, and passing on wealth that has been created is a complex and difficult project. The tragic loss of family fortunes is a tale as old as time, but it isn't inevitable. We can learn from the families who have done things right, sustaining and expanding their fortunes across the generations. These "Generative Families" achieve more than just greater financial wealth they create great families, nurture responsible next generations, support adaptable, values-based, socially responsible businesses, and are deeply committed to creating a better community and world. Following their example, you can set the conditions for your own family enterprises to thrive for generations to come and develop responsible stewardship in your rising generations. Borrowed from Your Grandchildren provides key insights from 100 such families, in their own words. These special families are successful not only financially and in business but in the development of future generations and expressing their values in everything they do. Their stories reveal their strategies and struggles and help you better understand how to follow in their footsteps to ensure a secure future for your family enterprise. “Dennis Jaffe has consolidated hundreds of years of family lessons into one compendium that maps the journey that successful family enterprises follow. His insights on the critical stages of development will enrich every family enterprise and assist with whatever generational transitions are underway. Don’t miss the final chapter on the Economic and Social Future of Family Enterprises and their vital role as stabilizing forces in countries that are facing tremendous challenges in the next decade.” ―Sara Hamilton, Founder and CEO, Family Office Exchange “With the largest intergenerational transfer of wealth in American history underway, and a search for positive social impact rising among newer generations, Borrowed from Your Grandchildren is a timely research report and guide for family business assessment and planning, with values at the forefront. Dennis Jaffe counters myths and shows what really works to create long-term successful businesses that nurture families, unite successive generations, a