A wealth focused training system for inheritors is important yet often overlooked. Here at Trustworthy & Family Legacy Advisors, we offer all our clients regular and annual maintenance programs to review their planning and provide them an opportunity to audit or enroll in inheritors training programs while they are alive.
When it comes to money, values, and philosophies can differ greatly among family members. Having to suddenly manage the responsibility of large sums of money alone after losing a spouse or parent can become a very stressful endeavor in and of itself. The added pressure following a loss can increase the risk of depression, fear, and anxiety.
Receiving education and targeted training on how to be an inheritor and maintain a trust is the first priority, so that your children, spouse, or grandchildren may develop basic money skills and have a reliable support system in place to fully participate in your wisely structured gift to them, i.e., their own self-directed long-term trust.
You might be thinking the following:
- What are my real passions, principles, and purpose when it comes to my legacy?
- Why do I have the thought processes that I do and what is my decision-making process?
- How can I keep the family from drifting apart later in their lifetimes?
- Can I express a lasting goal to keep holidays, reunions, and family connections in their front sights?
- What’s the big picture outside financial support for my succession goals?
At Trustworthy & Family Legacy Advisors, we can help to answer these questions for you.