Building Block #1: Create a Family Trust

Description: Imagine one of your great-grandchildren presiding over a family fortune. And imagine that, whenever your great-grandchild receives a check to help pay for education, or to buy their first home, or to start a business or even to help survive financial disasters like medical bills, illness or disability, that your great-grandchild gives a toast to your memory because you started it all. You amassed wealth and left behind a set of values and a financial legacy to shepherd that wealth. Is this possible? Is it possible for you to not just leave your kids better off than you were, but to spark a financial legacy of wealth and empowerment that lasts for generations? It is possible to create a family fortune that lives on in perpetuity- benefiting generation after generation after you – and it’s possible to do it without creating “trust fund babies” who know how to spend money and little else. Instead, your life’s work and accumulated wealth can be used to empower future generations. It can act as a launching pad for all of their endeavors, whether those are professional, academic, charitable or entrepreneurial in nature. It’s not easy and does take careful planning, but is has been done. These key building blocks, the Family Legacy Rings, stack the odds in your favor to crush entitlement, invest in your heirs, and live your legacy. These steps empower you to give your children and grandchildren resources, tools, people, and a structure to thrive. 

Video Duration: 4.5 minutes