Differences in roles, motivation and challenges between family generations can affect the outcome of your family’s wealth transfer success. If you are trying to start or keep a family dynasty, knowing about these differences can help you succeed.

Based on studies and observation of wealthy families they serve, Mark Haynes Daniell and Sara S. Hamilton made note of characteristics of three generations as involved in wealth transfer. In their new book Family Legacy and Leadership Preserving True Family Wealth in Challenging Times, they discuss crossing generational bridges.