It’s easy to transfer generational wealth.
What’s tough to transfer is:
Generational ambition
Generational drive
Generational values principles
Generational work ethic
Generational gratitude
Generational faith
Generational commitment to family
My father didn’t leave me a penny. But he left me a ton of generational values worth way more than all the money in the world.
Money alone can ruin your children’s future.
This is due to parents who worked hard to generate wealth, choosing to make their children’s life easier.
What your kids need isn’t just money.
They need your ambition, fire, dedication and commitment to excellence.
Giving them money alone, takes all the important values away from them.
This is why proper estate planning is SUPER NECESSARY.
You can’t wing this part of wealth creation.
If you do, your money will disappear within ONE generation.