When my
                    five siblings ("the Sibs") and I received our
                    inheritance 22 years ago, there was no guidance available
                    from our elders. In an effort to make it easier for the next
                    generation ("the Cousins," ages 16 to 33), we
                    Sibs recently hosted a family discussion called "The
                    Power of Money." Our goals were to address issues surrounding
                    wealth, to share our varied perspectives with our children,
                    and to exchange resources. We requested that all topics be
                    generated by the Cousins. Invitations we re e-mailed a month
                    in advance. For convenience, the meeting was held in the New
                    York hotel where we gather annually on family business. Two
                    weeks ahead, we called for topics, inviting Cousins to contribute
                    whether they could attend or not. The subject of wealth began
                    to crisscross the Web.
                    
We met in my suite on a Friday evening,
                      serving food buffet style. Out of a possible 22 of us, 11
                      attended and two others participated by e-mail and telephone—pretty
                      good for the first time. As we formed a large circle in
                      the living room, I welcomed everyone, focusing on our purpose
                      in gathering. We began with three minutes of silence, setting
                      the intention to leave the day's cares behind. A tape
                      recorder and microphone were set up on the coffee table.
                      We agreed to use the microphone as a "talking stick,"
                      a technique borrowed from Native American ceremonies. Anyone
                      holding the mike could speak without interruption. This
                      made for more effective listening.
The topics were written on a white board
                      as the Cousins called them out. These served as a discussion
                      guideline. To allow everyone a chance to talk, we established
                      a limit of three minutes per person per topic. Our first
                      topic was: Why do we hide our famous family name and how
                      does this hiding affect how we feel about it? Other topics
                      included how we feel about our wealth, having more than
                      our friends, and lending or giving friends money. The Cousins
                      were very open about their anxieties. It was gratifying
                      to hear how the Sibs have come to terms with these issues,
                      each in our own way.
We also discussed giving back—through
                      tithing, philanthropy, and gifts of time. My newly-married
                      niece observed that most of the Sibs have been divorced.
                      What part did unequal money play in the demise of our marriages?
                      The Sibs rose heartfully to answer her question. The last
                      topic of the evening concerned the issue of "proving
                      oneself " by working before being allowed into a trust
                      fund. I distributed copies of 
More Than Money Journal
                      as a resource. After three hours, we ended the meeting as
                      we had begun: standing together in a circle.
Afterward, I sent a shortened transcript
                      to all 22 family members. I hope it will stimulate further
                      discussion, though it is too soon to tell. Without question,
                      we have deepened our relationship to one another. As we
                      have returned to our lives, the circle we established in
                      the room that night continues to nourish and enfold us.
                      
  
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