I often speak to clients about transferring their wealth to the next generation; and beyond that whilst money is nice it’s the values, lessons, and stories that have heart and meaning and that are the things that live through generations if properly passed on.

I know from experience that family members may be interested in who you are, what you did with your life, they have a certain curiosity… it may not be your kids, grandkids or 50 years from now.

My grandfather was on the small ships of the Pacific Fleet in World War 2 sailing under the American flag, carrying supplies and equipment to the Allied forces across the South Pacific. I would want to know more about those events, his experience, how he came through it… but realized all too late.

Many seniors I speak to are not just interested in their wealth being passed on. They’re interested in their greater wealth, their stories, their lessons, their life being passed on to future generations.

Encourage them to write down their stories, sometimes even craft their own eulogy. Do it yourself. Write your legacy that speaks to the future generations so that you can pass it on.

Journaling is a great way to do that. Another way is to sit and chat and record the conversation, it can be so easily transcribed using apps nowadays, it doesn’t have to be difficult or time consuming to do. Please do it, you’ll be thankful you did!

This represents general information only. Before making any financial or investment decisions, we recommend you consult a financial planner to take into account your personal investment objectives, financial situation and individual needs.


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