Vice President
Whittier Trust | Wealth Management Services<\/a><\/p>\n
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The Rockefeller family became a part of American history not only because of their fortune, but because of how they\u00a0have\u00a0successfully transitioned it from one generation to the next\u00a0while creating\u00a0and\u00a0maintaining\u00a0a\u00a0profoundly positive impact around the world\u00a0for seven generations.<\/strong><\/h1>\n <\/p>\n
The longevity of their wealth has been made possible\u00a0not only by skillfully navigating\u00a0wealth\u2019s\u00a0complexities, but also\u00a0by\u00a0intentionally\u00a0empowering each rising generation\u00a0through financial education\u00a0and\u00a0sharing\u00a0family values.\u00a0Guided by foundational\u00a0principles,\u00a0the Rockefellers have consistently sought to preserve their wealth through generations on the basis of\u00a0learning\u00a0and\u00a0appreciating\u00a0the values that bring their family together\u00a0around a shared mission, knowing\u00a0this approach leads to confidence in financial decision-making, the ability to lead happy, successful lives,\u00a0and ultimately\u00a0great stewardship of\u00a0family wealth and legacy.\u00a0\u00a0<\/strong><\/em><\/h2>\n <\/p>\n
One of the most meaningful things we do in life is find alignment with the right people and the right purposes or values.\u00a0Therefore, one of the most meaningful things family members can do for each other is offer support in\u00a0finding that\u00a0individual\u00a0alignment.\u00a0This process looks different for everyone, but one way in which we are alike is that we all experience challenges and opportunities during our lifetime that\u00a0ultimately help\u00a0us\u00a0determine\u00a0who we are and what is important to us.\u00a0Our personal understanding\u00a0of what is inherently important to us puts us in a position for\u00a0a productive conversation about what common values unite our family.\u00a0Finding alignment within a family can be challenging.\u00a0Families, after all, come\u00a0with their own unique dynamics, histories, and traditions that can both enrich and complicate the process of value alignment. Within a family, different generations may hold varying perspectives on what is important, influenced by the times\u00a0in which\u00a0they grew up and their\u00a0personal experiences.\u00a0If approached the right way, this\u00a0diversity\u00a0of thought\u00a0within families can be a source of strength, offering a broader range of insights\u00a0and an opportunity to better understand and appreciate one another.\u00a0<\/p>\n
1. Ask The Important Questions\u00a0<\/strong><\/p>\nBy fostering open communication and mutual understanding, family members create a foundation of trust and respect that will govern and support them in their decision-making across all areas of life, including and especially the role of family wealth. This collaborative approach not only strengthens family bonds but also ensures that wealth is managed responsibly and ethically, benefiting both current and future generations.
Ultimately, the emphasis on trust and respect transforms financial planning from a potentially divisive topic into a unifying force. It empowers each family member to contribute meaningfully, fostering a sense of shared purpose and collective achievement. In this way, the role of family wealth transcends mere monetary value, becoming a pivotal element in the family\u2019s legacy and enduring success.\u00a0<\/p>\n
2. Common Family Themes\u00a0<\/strong><\/p>\nA general theme in parents and wealth builders is that they\u00a0seek\u00a0to protect. A general theme\u00a0among younger generations\u00a0and inheritors is that they\u00a0seek\u00a0to be appreciated\u00a0for their own capabilities. Finding a balance between these themes can be complex but incredibly rewarding. It requires open dialogue and a willingness to understand each other\u2019s perspectives. For parents,\u00a0it\u2019s\u00a0essential to communicate not just the desire to protect, but also the reasons behind certain financial decisions. For the next generation,\u00a0it\u2019s\u00a0important to express their aspirations and the areas where they wish to carve out their own paths.\u00a0<\/p>\n
3. Education and Empowerment\u00a0<\/strong><\/p>\nFinancial\u00a0education also plays an essential role in\u00a0supporting families to find alignment between wealth and values.\u00a0\u00a0Ensuring that all family members understand the principles of\u00a0their financial lives\u00a0and the values underpinning their\u00a0family\u2019s wealth can\u00a0be a significant source of empowerment.\u00a0Everyone deserves to have confidence in their ability to make wise financial decisions,\u00a0to understand the \u201cwhy\u201d behind advice\u00a0they are given, and to\u00a0feel\u00a0a sense of personal achievement\u00a0as they learn to navigate the complexities and responsibilities that\u00a0accompany\u00a0family wealth.\u00a0This education should be ongoing, adapting as the family grows and the financial landscape evolves.\u00a0In partnership with the Rockefeller Family, we have created the Rockefeller Financial Education Program, covering core areas such as personal finance; planning for the future;\u00a0wills, trusts &\u00a0estates; US tax basics; investing; sustainability & impact; philanthropy; and entrepreneurship.\u00a0This program\u00a0is a resource that aims to support all our clients and their families, including the Rockefellers.\u00a0\u00a0<\/p>\n
4. Building a Legacy Together\u00a0<\/strong><\/p>\nAt Rockefeller, we believe that true wealth encompasses more than just financial success; it includes the principles and ideals that define your family\u2019s ethos.\u00a0Our\u00a0bespoke\u00a0Wealth & Values Exercise\u00a0serves as a\u00a0guide\u00a0to leading meaningful, values-driven conversations with multigenerational\u00a0families to\u00a0help\u00a0them\u00a0articulate and solidify their unique values, ensuring that these guiding principles are preserved and cherished by future generations. Discover how our\u00a0expertise\u00a0can\u00a0assist\u00a0you in creating a legacy that embodies both financial success and the enduring values that drive your passions.<\/p>\n
Financial decisions should be guided by deeply rooted values and a desire to leave a meaningful legacy. It\u2019s essential for all family members to understand financial principles and the values underpinning family wealth.<\/p>\n
At Rockefeller, we are founded on the idea that families and wealth are complex, nuanced, deeply personal, and deserving of a team and strategies that uniquely match their journeys and their needs. Our global family office has served the Rockefeller family for 140 years. The standards for our services are the same standards established by the Rockefeller family legacy and the guardians who have so skillfully helped it thrive throughout seven generations and counting. The trends they have weathered, the familial bonds they have bolstered, and the positive impact they have had on society are our benchmarks.<\/p>\n
Investing involves risk, including risk of loss. The information contained herein is provided for informational purposes only and is not intended, and should not be construed, as investment, accounting, tax or legal advice. Please consult your legal and tax advisors when considering this information. These materials may not be reproduced or distributed without Rockefeller Capital Management Inc.\u2019s prior written consent. These materials do not constitute an offer to sell or a solicitation of an offer to buy interests in any Rockefeller Capital Management investment vehicle or product.<\/p>\n
Learn more at rockco.com\/quackenbush-panetti-wealth-partners.<\/a><\/p>\nDisclosures<\/strong><\/p>\nIllustrative and Educational<\/strong>. The information provided is for illustrative and educational purposes only. It should not be construed as an investment recommendation, investment advice, an offer of Rockefeller investment advisory or brokerage services, or a projection or illustration of the performance of any particular investment or strategy offered by Rockefeller.<\/p>\nTax Considerations<\/strong>. Rockefeller does not provide accounting or tax advice to its clients, unless explicitly agreed between the client and Rockefeller. Clients seeking tax or accounting advice may enter into a separate engagement with The Global Family Office division for such services. The information contained in herein is not written or intended as financial, tax or legal advice. The information provided herein may not be relied on for purposes of avoiding any federal tax penalties. All clients should be aware that tax treatment is subject to change by law, or retroactively, and clients should consult their tax advisors regarding any potential strategy, investment, or transaction. You should review any planned financial transactions or arrangement that may have tax, accounting, or legal implications with your personal professional advisors. Please consult your legal and tax advisors when considering this information.<\/p>\nNo Distribution; No Offer or Solicitation. <\/strong>This material was prepared by Rockefeller Capital Management, solely for informational and educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy interests in any Rockefeller Capital Management investment vehicle, product or service, and should not be interpreted to constitute a recommendation with respect to any security or investment plan. Although the information provided is carefully reviewed, Rockefeller Capital Management cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided. Forward-looking statements, including those presented herein, are inherently uncertain, as future events may differ materially from those reflected, and past performance is not a guarantee of future performance. No investment strategy can guarantee a profit or protection against losses. Investment decisions should be based on an individual’s investment objectives, risk tolerance, liquidity needs and financial situation. Investing involves risk, including risk of loss. This information may not be copied, reproduced or distributed without Rockefeller Capital Management’s prior written consent.<\/p>\nEntities Providing Service. <\/strong>Rockefeller Financial LLC is a broker-dealer and investment adviser dually registered with the U.S. Securities and Exchange Commission (SEC); Member Financial Industry Regulatory Authority (FINRA) (http:\/\/www.finra.org\/<\/a>), Securities Investor Protection Corporation (SIPC) (https:\/\/www.sipc.org\/<\/a>). Rockefeller Financial LLC is not a bank. Where appropriate, Rockefeller Financial LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.<\/p>\nProducts and services may be provided by various affiliates of Rockefeller Capital Management. Please click here<\/a> for Important Terms, Definitions and Abbreviations.\u00a0 <\/p>\n\u00a9 2025 Rockefeller Capital Management. All rights reserved. Does not apply to sourced material. RCM005170<\/p>\n
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About Quackenbush Panetti Wealth Partners<\/strong>
Life\u2019s grandest visions require thoughtful plans. At Quackenbush Panetti Wealth Partners, we\u2019re focused on meeting the dynamic needs of each client, adapting to how those needs unfold over every stage of wealth. Our team is able to provide solutions to your unique challenges, while providing an elevated level of service.\u200b<\/p>\n[\/et_pb_text][et_pb_divider divider_style=”dotted” divider_weight=”2px” disabled_on=”off|off|off” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text disabled_on=”off|off|off” admin_label=”Become a member text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5822″ global_colors_info=”{}”]<\/p>\n
We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…<\/em><\/h4>\nAs we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.<\/p>\n
The need for fact-based reporting of issues important to family owned businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, successful families<\/a> and family owned businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to family owned businesses<\/a> built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n[\/et_pb_text][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/donate\/” button_text=”Become a Family Enterprise USA Member” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Become FEUSA member button” _builder_version=”4.21.0″ _module_preset=”default” custom_button=”on” global_module=”6503″ global_colors_info=”{}”][\/et_pb_button][et_pb_divider divider_style=”dotted” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_video_slider disabled_on=”on|on|on” admin_label=”Video Slider Family Business Stories 1″ _builder_version=”4.27.4″ _module_preset=”default” disabled=”on” global_module=”5963″ global_colors_info=”{}”][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=3k9d1tFz5AU&t=22s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=kG0lDKbmJxg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=HFK8SG1VSco” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=Z15BqbFOYck” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=bsn5xYrxhJg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=PL3K3rK7ioA&t=5s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=CpXRbRBhPKc” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][\/et_pb_video_slider][et_pb_text disabled_on=”off|off|off” admin_label=”FEUSA Statement” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5910″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n
\nFamily Enterprise USA<\/a> promotes generationally<\/a> owned family business<\/a> creation, growth, viability, and sustainability by advocating for family businesses<\/a> and their lifetime of savings with Congress<\/a> in Washington DC.\u00a0 Since 2007, Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0Family foundations can donate.<\/a><\/p>\n
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#incometax #CapitalGainsTax #R&DExpensing #DontPunishSuccess #GrantorTrusts #StepUpinBasis #likeKindExchanges #AcceleratedDepreciation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #incometaxrates #repealestatetax #AdvocatingForFamilyBusinesses #FamilyOwnedBusiness #WomenOwnedBusiness @FamilyEnterpriseUSA #FamilyEnterpriseUSA<\/p>\n
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By Elizabeth M. Anderson, CEPAVice PresidentWhittier Trust | Wealth Management ServicesThe Rockefeller family became a part of American history not only because of their fortune, but because of how they\u00a0have\u00a0successfully transitioned it from one generation to the next\u00a0while creating\u00a0and\u00a0maintaining\u00a0a\u00a0profoundly positive impact around the world\u00a0for seven generations. The longevity of their wealth has been made […]<\/p>\n","protected":false},"author":2,"featured_media":14876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,3,92],"tags":[],"class_list":["post-14874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-feusa","category-multi-generational-business"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14874"}],"version-history":[{"count":3,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874\/revisions"}],"predecessor-version":[{"id":14880,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874\/revisions\/14880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/14876"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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One of the most meaningful things we do in life is find alignment with the right people and the right purposes or values.\u00a0Therefore, one of the most meaningful things family members can do for each other is offer support in\u00a0finding that\u00a0individual\u00a0alignment.\u00a0This process looks different for everyone, but one way in which we are alike is that we all experience challenges and opportunities during our lifetime that\u00a0ultimately help\u00a0us\u00a0determine\u00a0who we are and what is important to us.\u00a0Our personal understanding\u00a0of what is inherently important to us puts us in a position for\u00a0a productive conversation about what common values unite our family.\u00a0Finding alignment within a family can be challenging.\u00a0Families, after all, come\u00a0with their own unique dynamics, histories, and traditions that can both enrich and complicate the process of value alignment. Within a family, different generations may hold varying perspectives on what is important, influenced by the times\u00a0in which\u00a0they grew up and their\u00a0personal experiences.\u00a0If approached the right way, this\u00a0diversity\u00a0of thought\u00a0within families can be a source of strength, offering a broader range of insights\u00a0and an opportunity to better understand and appreciate one another.\u00a0<\/p>\n
1. Ask The Important Questions\u00a0<\/strong><\/p>\n By fostering open communication and mutual understanding, family members create a foundation of trust and respect that will govern and support them in their decision-making across all areas of life, including and especially the role of family wealth. This collaborative approach not only strengthens family bonds but also ensures that wealth is managed responsibly and ethically, benefiting both current and future generations. 2. Common Family Themes\u00a0<\/strong><\/p>\n A general theme in parents and wealth builders is that they\u00a0seek\u00a0to protect. A general theme\u00a0among younger generations\u00a0and inheritors is that they\u00a0seek\u00a0to be appreciated\u00a0for their own capabilities. Finding a balance between these themes can be complex but incredibly rewarding. It requires open dialogue and a willingness to understand each other\u2019s perspectives. For parents,\u00a0it\u2019s\u00a0essential to communicate not just the desire to protect, but also the reasons behind certain financial decisions. For the next generation,\u00a0it\u2019s\u00a0important to express their aspirations and the areas where they wish to carve out their own paths.\u00a0<\/p>\n 3. Education and Empowerment\u00a0<\/strong><\/p>\n Financial\u00a0education also plays an essential role in\u00a0supporting families to find alignment between wealth and values.\u00a0\u00a0Ensuring that all family members understand the principles of\u00a0their financial lives\u00a0and the values underpinning their\u00a0family\u2019s wealth can\u00a0be a significant source of empowerment.\u00a0Everyone deserves to have confidence in their ability to make wise financial decisions,\u00a0to understand the \u201cwhy\u201d behind advice\u00a0they are given, and to\u00a0feel\u00a0a sense of personal achievement\u00a0as they learn to navigate the complexities and responsibilities that\u00a0accompany\u00a0family wealth.\u00a0This education should be ongoing, adapting as the family grows and the financial landscape evolves.\u00a0In partnership with the Rockefeller Family, we have created the Rockefeller Financial Education Program, covering core areas such as personal finance; planning for the future;\u00a0wills, trusts &\u00a0estates; US tax basics; investing; sustainability & impact; philanthropy; and entrepreneurship.\u00a0This program\u00a0is a resource that aims to support all our clients and their families, including the Rockefellers.\u00a0\u00a0<\/p>\n 4. Building a Legacy Together\u00a0<\/strong><\/p>\n At Rockefeller, we believe that true wealth encompasses more than just financial success; it includes the principles and ideals that define your family\u2019s ethos.\u00a0Our\u00a0bespoke\u00a0Wealth & Values Exercise\u00a0serves as a\u00a0guide\u00a0to leading meaningful, values-driven conversations with multigenerational\u00a0families to\u00a0help\u00a0them\u00a0articulate and solidify their unique values, ensuring that these guiding principles are preserved and cherished by future generations. Discover how our\u00a0expertise\u00a0can\u00a0assist\u00a0you in creating a legacy that embodies both financial success and the enduring values that drive your passions.<\/p>\n Financial decisions should be guided by deeply rooted values and a desire to leave a meaningful legacy. It\u2019s essential for all family members to understand financial principles and the values underpinning family wealth.<\/p>\n At Rockefeller, we are founded on the idea that families and wealth are complex, nuanced, deeply personal, and deserving of a team and strategies that uniquely match their journeys and their needs. Our global family office has served the Rockefeller family for 140 years. The standards for our services are the same standards established by the Rockefeller family legacy and the guardians who have so skillfully helped it thrive throughout seven generations and counting. The trends they have weathered, the familial bonds they have bolstered, and the positive impact they have had on society are our benchmarks.<\/p>\n Investing involves risk, including risk of loss. The information contained herein is provided for informational purposes only and is not intended, and should not be construed, as investment, accounting, tax or legal advice. Please consult your legal and tax advisors when considering this information. These materials may not be reproduced or distributed without Rockefeller Capital Management Inc.\u2019s prior written consent. These materials do not constitute an offer to sell or a solicitation of an offer to buy interests in any Rockefeller Capital Management investment vehicle or product.<\/p>\n Learn more at rockco.com\/quackenbush-panetti-wealth-partners.<\/a><\/p>\n Disclosures<\/strong><\/p>\n Illustrative and Educational<\/strong>. The information provided is for illustrative and educational purposes only. It should not be construed as an investment recommendation, investment advice, an offer of Rockefeller investment advisory or brokerage services, or a projection or illustration of the performance of any particular investment or strategy offered by Rockefeller.<\/p>\n Tax Considerations<\/strong>. Rockefeller does not provide accounting or tax advice to its clients, unless explicitly agreed between the client and Rockefeller. Clients seeking tax or accounting advice may enter into a separate engagement with The Global Family Office division for such services. The information contained in herein is not written or intended as financial, tax or legal advice. The information provided herein may not be relied on for purposes of avoiding any federal tax penalties. All clients should be aware that tax treatment is subject to change by law, or retroactively, and clients should consult their tax advisors regarding any potential strategy, investment, or transaction. You should review any planned financial transactions or arrangement that may have tax, accounting, or legal implications with your personal professional advisors. Please consult your legal and tax advisors when considering this information.<\/p>\n No Distribution; No Offer or Solicitation. <\/strong>This material was prepared by Rockefeller Capital Management, solely for informational and educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy interests in any Rockefeller Capital Management investment vehicle, product or service, and should not be interpreted to constitute a recommendation with respect to any security or investment plan. Although the information provided is carefully reviewed, Rockefeller Capital Management cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided. Forward-looking statements, including those presented herein, are inherently uncertain, as future events may differ materially from those reflected, and past performance is not a guarantee of future performance. No investment strategy can guarantee a profit or protection against losses. Investment decisions should be based on an individual’s investment objectives, risk tolerance, liquidity needs and financial situation. Investing involves risk, including risk of loss. This information may not be copied, reproduced or distributed without Rockefeller Capital Management’s prior written consent.<\/p>\n Entities Providing Service. <\/strong>Rockefeller Financial LLC is a broker-dealer and investment adviser dually registered with the U.S. Securities and Exchange Commission (SEC); Member Financial Industry Regulatory Authority (FINRA) (http:\/\/www.finra.org\/<\/a>), Securities Investor Protection Corporation (SIPC) (https:\/\/www.sipc.org\/<\/a>). Rockefeller Financial LLC is not a bank. Where appropriate, Rockefeller Financial LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.<\/p>\n Products and services may be provided by various affiliates of Rockefeller Capital Management. Please click here<\/a> for Important Terms, Definitions and Abbreviations.\u00a0 <\/p>\n \u00a9 2025 Rockefeller Capital Management. All rights reserved. Does not apply to sourced material. RCM005170<\/p>\n [\/et_pb_text][et_pb_divider divider_style=”dotted” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text admin_label=”Rockefeller Logo and About” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/sponsors\/” global_colors_info=”{}” global_module=”13863″ theme_builder_area=”post_content”]<\/p>\n <\/p>\n About Quackenbush Panetti Wealth Partners<\/strong> [\/et_pb_text][et_pb_divider divider_style=”dotted” divider_weight=”2px” disabled_on=”off|off|off” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_text disabled_on=”off|off|off” admin_label=”Become a member text” _builder_version=”4.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5822″ global_colors_info=”{}”]<\/p>\n As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.<\/p>\n The need for fact-based reporting of issues important to family owned businesses<\/a> and protecting a lifetime of savings<\/a> has never been greater. Now more than ever, successful families<\/a> and family owned businesses<\/a> are under fire. That’s why Family Enterprise USA<\/a> is passionately working to increase the awareness of issues important to family owned businesses<\/a> built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates<\/a>, possible elimination of valuation discounts, increase in capital gains tax<\/a>, enactment of a wealth tax<\/a>, and the continued burden of the gift tax<\/a>, estate tax<\/a> and generation skipping tax<\/a>.<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/familyenterpriseusa.com\/donate\/” button_text=”Become a Family Enterprise USA Member” button_alignment=”center” disabled_on=”off|off|off” admin_label=”Become FEUSA member button” _builder_version=”4.21.0″ _module_preset=”default” custom_button=”on” global_module=”6503″ global_colors_info=”{}”][\/et_pb_button][et_pb_divider divider_style=”dotted” disabled_on=”off|off|off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_divider][et_pb_video_slider disabled_on=”on|on|on” admin_label=”Video Slider Family Business Stories 1″ _builder_version=”4.27.4″ _module_preset=”default” disabled=”on” global_module=”5963″ global_colors_info=”{}”][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=3k9d1tFz5AU&t=22s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=kG0lDKbmJxg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=HFK8SG1VSco” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=Z15BqbFOYck” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=bsn5xYrxhJg” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=PL3K3rK7ioA&t=5s” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][et_pb_video_slider_item src=”https:\/\/www.youtube.com\/watch?v=CpXRbRBhPKc” _builder_version=”4.19.1″ _module_preset=”default” global_colors_info=”{}” show_image_overlay=”off”][\/et_pb_video_slider_item][\/et_pb_video_slider][et_pb_text disabled_on=”off|off|off” admin_label=”FEUSA Statement” _builder_version=”4.21.0″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” link_option_url=”https:\/\/familyenterpriseusa.com\/donate-2\/” global_module=”5910″ saved_tabs=”all” global_colors_info=”{}”]<\/p>\n Family Enterprise USA<\/a> promotes generationally<\/a> owned family business<\/a> creation, growth, viability, and sustainability by advocating for family businesses<\/a> and their lifetime of savings with Congress<\/a> in Washington DC.\u00a0 Since 2007, Family Enterprise USA<\/a> has represented and celebrated\u00a0all sizes, professions and industries of family-owned enterprises and multi-generational<\/a> employers. It is a bi-partisan 501.c3 organization.\u00a0Family foundations can donate.<\/a><\/p>\n [\/et_pb_text][et_pb_text disabled_on=”off|off|off” admin_label=”Hash tags & Tags” _builder_version=”4.27.4″ _module_preset=”default” global_module=”6498″ global_colors_info=”{}”]<\/p>\n #incometax #CapitalGainsTax #R&DExpensing #DontPunishSuccess #GrantorTrusts #StepUpinBasis #likeKindExchanges #AcceleratedDepreciation #EstateTax #Deathtax #wealthtax #taxLegislation #CongressionalCaucus #incometaxrates #repealestatetax #AdvocatingForFamilyBusinesses #FamilyOwnedBusiness #WomenOwnedBusiness @FamilyEnterpriseUSA #FamilyEnterpriseUSA<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" By Elizabeth M. Anderson, CEPAVice PresidentWhittier Trust | Wealth Management ServicesThe Rockefeller family became a part of American history not only because of their fortune, but because of how they\u00a0have\u00a0successfully transitioned it from one generation to the next\u00a0while creating\u00a0and\u00a0maintaining\u00a0a\u00a0profoundly positive impact around the world\u00a0for seven generations. The longevity of their wealth has been made […]<\/p>\n","protected":false},"author":2,"featured_media":14876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[48,3,92],"tags":[],"class_list":["post-14874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-businesses","category-feusa","category-multi-generational-business"],"acf":[],"_links":{"self":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14874"}],"version-history":[{"count":3,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874\/revisions"}],"predecessor-version":[{"id":14880,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/posts\/14874\/revisions\/14880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=\/wp\/v2\/media\/14876"}],"wp:attachment":[{"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/familyenterpriseusa.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Ultimately, the emphasis on trust and respect transforms financial planning from a potentially divisive topic into a unifying force. It empowers each family member to contribute meaningfully, fostering a sense of shared purpose and collective achievement. In this way, the role of family wealth transcends mere monetary value, becoming a pivotal element in the family\u2019s legacy and enduring success.\u00a0<\/p>\n<\/p>\n
Life\u2019s grandest visions require thoughtful plans. At Quackenbush Panetti Wealth Partners, we\u2019re focused on meeting the dynamic needs of each client, adapting to how those needs unfold over every stage of wealth. Our team is able to provide solutions to your unique challenges, while providing an elevated level of service.\u200b<\/p>\nWe hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…<\/em><\/h4>\n
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