Does your family have a mission statement? In this episode of I’ve Been Meaning To Do That, host Oscarlyn Elder talks to David Herritt, head of the Truist Wealth Center for Family Legacy about the importance of establishing shared values and beliefs to help build family culture. They discuss (time stamps are approximate):

• Creating a family mission statement (02:53)

• Passing the mission statement on to the next generation (5:01)

• Importance of teaching financial literacy (8:12)

• Ways to begin implementing family culture (11:18)

• Understanding family conflict (13:43)

• Resolving family conflict (15:01)

• Closing thoughts from Oscarlyn (19:16)

Learn more about how the Center for Family Legacy can help you sustain wealth for future generations.

The podcast team has created a template for taking notes on each episode.

Podcast Worksheet

Check out the previous episode in this series on generational wealth:

Episode 24: Involving and preparing the next generation to continue family wealth

Have a question for Oscarlyn or her guests? Email [email protected].