Part 2 - Defining our Legacy - Flipbook - Page 20
Starting the wealth
conversation with
the future generation.
W
here a family is dealing primarily with significant sums of liquid capital, then
the spotlight is on assessing purpose of the family wealth and how it will
be carried on by the next generation. In some instances, the wealth and
assets may be in its fourth or fifth generation and in other cases, it may be self-made
of devolved from a business exit. Either way, both starting and evolving the wealth
conversation with the future generation enables you to open a dialogue. In doing this
you are developing shared family values around how the wealth should provide for
current and future generations.
“
Without ‘common cause’ between generations
there would be tension, compromise and
maybe even sacrifice.
M U LT I G E N E R AT I O N A L FA M I LY M E M B E R
A N D A B O O D L E H AT F I E L D C L I E N T
