A short monologue (YouTube video) by Chris Larsen about leaving a legacy across generations—covering financial transfers (wealth/assets) and the accompanying values, philosophies, and informal 'guidebooks' families pass from generation to generation.
The people that we have these conversations with. And I think your story kind of illustrates this. They have plans. Right. They have a legacy that they want to leave. Yes. In terms of money and, or assets, but usually also in terms of values and philosophy. Right. An approach to life, to building wealth, to all of those things. And so what this does is it kind of incorporates the kind of money side of it into that. And so when we talk about generation one, using the funds, passing on generation two, and then on to number three, it usually comes along with a guidebook, so to speak.