How To Leave A Legacy For Your Children | Estate Planning The Right Way

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Estate planning is different from Legacy Planning. When you are ready to move on from this world to the next you do need to make sure your affairs are in order. A good estate plan will help you do that.

Legacy planning includes estate planning but estate planning doesn’t always include a legacy plan.

Leaving a legacy is more about the morals, virtues and ethics you want to pass on to your children and grandchildren.

Estate planning is more about the numbers and the money.

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Once you have learned to live within your means, it’s time to grow your means!

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00:00 - Intro
00:47 - What is estate planning?
02:40 - Building a legacy. (intangibles)
04:54 - Practical (tangible) ways to build your estate plan
05:37 - Movie recommendation - The Ultimate Gift
06:50 - The Millionaire Next Door - Economic Outpatient Care.
08:10 - How to build a legacy with grown children.

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To help individuals and families develop empowering beliefs and emotions about money and teach them the necessary skills to become self-reliant, build wealth, and live a life of abundance.

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Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.

Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.

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#FinancialSelfReliance #legacyplanning #estateplanning #FinancialEducation #FinancialIndependence #FinancialLiteracy #FinancialFreedom #MoneyMatters #FinancialPlanning #financialplanning