What if you only have 90 days left to live? What should Family Business owners focus on?

In this episode of Navigating Abundance, Chris and Connor discuss the concept of total family wealth, focusing on the importance of financial, logistical, and legacy wealth. They explore what individuals should prioritize if they had only 90 days to live, emphasizing the urgency of having important conversations with loved ones about wealth management and family values. The discussion includes practical advice on managing ledger wealth, understanding logistic wealth, and fostering family relationships, culminating in actionable steps for legacy planning.

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Chapters

00:00 Introduction and Context

02:52 The Concept of Total Family Wealth

05:50 Understanding Ledger Wealth

11:52 Exploring Logistic Wealth

19:44 Focusing on Legacy Wealth

26:44 Family Relationships and Communication

32:41 Final Thoughts and Tools for Legacy Planning

Keywords

total family wealth, legacy planning, financial capital, family communication, estate planning, emotional wealth, family relationships, wealth management, legacy wealth, logistic wealth