https://www.youtube.com/watch?v=uvUp3vuKYjA Do you want to leave a legacy with an estate plan that transfers wealth and empowers the next generation? Find someone who is helping others do it successfully. And that means tailoring a customized, bespoke plan specifically to your family. Today, we’re talking with highly recognized estate planning attorney, Andrew Howell, about the principles and wisdom he’s distilled from working with ultra-high net worth families and business owners. If you want to know how to entrust wealth to future generations, provide for unity within the family, and leave a legacy of wisdom and opportunity, so you can create an estate plan that transcends generations, tune in now! In This Episode About Estate Planning to Bridge Generations, You’ll Discover:Where Estate Planning Fits into Your Cashflow Creation SystemFamily Vision, Mission, and ValuesHow to Transcend GenerationsRole of Professionals in Building Legacy PlansAbout Andrew Howell Find Out More About Andrew HowellBook A Strategy Call In This Episode About Estate Planning to Bridge Generations, You’ll Discover: Why traditional estate planning fails at increasing family wealth and promoting character development. How the core of the Entrusted model of estate planning is about meaningful relationships. How to transfer wealth in a way that incentivizes work and stewardship instead of producing entitlement. The top 3 eroding effects on generational wealth. Why traditional estate planning that divides assets limits your family's ability to make an impact. Why leaving your money to charity creates a lost opportunity for your family. How to set up your family wealth as a bank to create opportunity, entrepreneurship, and accountability. Why the first priority in leaving a legacy is to know who you are as individuals and a family. Where Estate Planning Fits into Your Cashflow Creation System Encircling your family and assets with a bulletproof estate plan will maximize your peace of mind. But it’s just one small step of a greater journey. That’s why we’ve put together the 3-step Entrepreneur’s Cash Flow System. The first step is keeping more of the money you make. This includes tax planning, debt restructuring, cash flow awareness, and restructuring your savings so you can access them as an emergency/opportunity fund. This step frees up and increases your cash flow, allowing you to save more and consequently invest more. Then, you’ll protect your money with savings, privatized banking, and legal protection. This is where estate planning fits in. You’ll know that no matter what happens to you, your wishes will be carried out, your assets will remain intact, and your wisdom will empower generations after you. Finally, you’ll put your money to work and get it to make more by investing in cash-flowing assets to build time and money freedom and leave a rich legacy. Family Vision, Mission, and Values A successful estate plan isn’t just about legal frameworks - it’s also about meaning. According to Andrew Howell, families that thrive across generations often share more than just money. They also share a common vision, values, and a mission that unites them. While this might sound like typical corporate jargon, it’s actually a practical way to keep your family unified when managing and distributing wealth. When your estate plan reflects your family’s shared beliefs and long-term goals, it becomes so much more than simple paperwork: you might describe it as a blueprint for continuity and stewardship. Whether it’s entrepreneurship, education, or service, documenting your family’s purpose can help future generations make informed decisions about their own lives. In essence, that’s what makes a plan enduring, not just wealth transfer, but clarity of identity. How to Transcend Generations If your goal is to build something that outlives you, then your estate plan needs to do more than just pass down assets. It must create a system for longevity. That’s how you
Published on 5 years, 4 months ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate