Leaving A Legacy To Your Children

Last Updated (Monday, 23 February 2009)
Written by Scott Slater

Once we are gone from this earth can we only hope the virtues we taught our children will go on to the next generations?  True, when our children are adults they are responsible for making their own decisions, but do we not still want to sway commendable behavior whenever we can?  Does anyone ever grow to old to appreciate praise from their parents or someone they respect?

We all try our best to pass on principles that we know will serve our children well.  Most times those lessons are passed on by simply showing our approval.  But after we are gone how can we reinforce the good qualities we want them to have?

If you would like to know more about how to accomplish this ask about a Legacy Trust.  No, this is not just another fancy name for another trust.  A Legacy Trust is much more than a legal document, it is an inheritance that will pass on your values to future generations.

Yes, this type of planning requires a great deal of experience and care to set up, but once it is you can immediately enjoy how it will benefit your family.  Only an experienced advisor who shares your desire to do something meaningful for your family should be considered for this task.  When this type of planning is done correctly and thoroughly you will know that you have done something very significant for your loved ones.

Scott Slater is an Associate of Brock and Associates, LLC, and has extensive training in legacy planning.

 

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