If you could look 50 years into the future, and see your family gathered together, what would you like to see going on?  Would you like to see them united, happy, and working together to strengthen and unify the family and its traditions and values, while supporting and encouraging achievement by individual family members?  Would you like to see them actively mentoring the next generations, and discovering ways to involve the family in community, church  and philanthropic activities?


If that is what you would truly like to see 50 years from now, where in the financial and estate planning that you have done to date (or are planning to do), are the specific provisions that will help your family to achieve those outcomes?


There is a tremendous gap

In a recent study, 88% of respondents said that if their family ever lost its money it would be due to poor investments and other purely financial causes.  Only 7% thought it could be caused by poor family dynamics.


Then, 3,250 families who really had lost their wealth were asked, “so, what was it that actually got you?” 60% replied that it was lack of communication and trust in the family, 25% said unprepared heirs.  Less than 3% said poor planning and investments had brought about their wealth loss.


There is a huge gap between the products and objectives of traditional planning and the ‘complete’ picture that most people would like to see their families achieve. (Your ’50 years from now’ picture.) Traditional planning is focused first and foremost on passing as much money (with as few taxes as possible) to the heirs.  And, most traditional planning does a very good job of that.  But, we know from empirical evidence that 90% of planning that puts the assets first is doomed to failure.  Something more is needed if your family is to achieve the picture you would like to see for them in the future.

Successfully plan for your family’s present, and its future.

Heritage Planning helps to bridge the gaps

In the heritage planning process, families learn to:

Identify family stories, values, life lessons and experiences, and use them as the cornerstone for all their planning.

Communicate effectively on an adult-to-adult level.

Prepare and equip the next generations.

Work together, and mentor the children in the skills they will need to succeed as individuals and as a united family.

The principles of heritage planning have nothing to do with money. They apply to people at all income levels because planning for the future of your money is not the same as planning for the future of your family.

Heritage Planning builds communication and trust in families

You can narrow the gap in your own family, starting today.  We would enjoy having a conversation about what heritage planning would look like in your life.

A parent talks about his family’s heritage planning experience.