The why, what and how of effective communication among family members
Why is communication so hard? Are digital devices helping or hindering connections? Watch this video for insights on how families can navigate communication amidst wealth.
“Communication is one of the hardest things we do as humans. And it’s even more complex the more emotionally involved you are,” says Jeanine W. Turner, Professor of Communication at Georgetown University.
In the video above, Valerie Galinskaya, head of the Merrill Center for Family Wealth,® and Turner take a deep dive into the importance of prioritizing and being intentional about communication. Effective communication among family members, and especially across generations, is a core factor to not only pursuing financial success, but also to achieving family unity and trust. Watch as Galinskaya and Turner address ways wealth creators can thoughtfully navigate intergenerational communication and wealth disclosure. They discuss the impact of technology and what it means to be present and connecting with another person. “Focus on communication as a priority and as a dynamic process,” says Galinskaya.
If you’d like help addressing complex wealth topics within your own family, contact your Merrill Private Wealth Advisor who can leverage additional resources and insights from the Merrill Center for Family Wealth.
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Jeanine W. Turner is not affiliated with Bank of America Corporation. She is the author of Being Present: Commanding Attention at Work and at Home by Managing Your Social Presence.