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| Visions & Revisions |
Growing a Great Family
Brett Anderson
02/02/2004
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 A member of the sixth generation of his family to practice law, James (Jay) E. Hughes Jr., now of counsel to Day, Derry & Howard and a graduate of Princeton
University and Columbia University School of Law, has for more than three decades counseled families on a variety
of issues relating to the management of their wealth. A historian and student of philosophy and world religions, as well
as an attorney, his experience has
uniquely suited him to advising individuals on preserving and cultivating all of
the capital at their families’ disposal—human, intellectual and financial. His book, Family Wealth: Keeping It in the Family, which outlines his views on our multidimensional relationships to family members, our wealth and society, will be published next month in a new edition from Bloomberg Press.
Every family has long-term wealth preservation as a goal on some level.
Yes. And it is a matter of biology
as well as sociology. Human beings do, on some primal level, hope to advance their genes into the next generation.
In terms of sociology, we sense that family has a continuity that reflects our own values and systems. All families begin with an affinity between two people. And when that affinity creates children, there is a deep abiding feeling between the parents that their initial affinity will continue through those children and hopefully on into the future.
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