Want to help your clients preserve their wealth and values across generations? Join host Dave Alison and guest Louise Cole, CFP®, CWC®, HDP®, CDP, BPC, principal and founding partner of The Heritage Group, as they explore the often-overlooked emotional aspects of inheritance planning. Learn how to prepare families to receive and manage wealth, mitigate the psychological effects of affluenza, and capture family stories and values through guided discovery. You’ll discover strategies for engaging the next generation, facilitating family communication, and creating meaningful legacy letters. Tune in to gain valuable insights on incorporating comprehensive legacy planning into your advisory practice, strengthening multi-generational client relationships, and enhancing your services to high-net-worth clients.

Resources:

• Website Referenced: Family Legacy Connect
• Book Referenced: The Golden Ghetto: The Psychology of Affluence
• Concept Referenced: Affluenza

Statistics:

• Generational Wealth: Why do 70% of Families Lose Their Wealth in the 2nd Generation?
• Inheritors Highly Likely To Fire Parents' Advisors