Part 2 - Defining our Legacy - Flipbook - Page 32
B O O D L E H AT F I E L D -
LESSONS IN LEGACY
Lessons in Legacy. In this second chapter of our four part Lessons in Legacy series, we
have sought to provide a spring board for thought and debate at what is undoubtedly
a time of changing attitudes and approaches among families who are working hard
to steward a legacy from this generation to the next. In chapter three, we will examine
the rise of charitable giving to ESG causes, the blurring lines between philanthropy
and investment and specifically, the rise of impact investing. Here we will touch
on our latest data around the number of families choosing to establish charitable
foundations and the important role it plays in connection with families in defining
their legacy.
From experience we know that legacy is no longer just about wealth preservation.
Wealth holders are increasingly seeing philanthropy as a core part of their legacy.
It delivers greater environmental and societal impact, creates a broader sense of
purpose around their wealth, and encourages pride in the footprint they leave behind.
