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Was This the Legacy You Intended?

Was This the Legacy You Intended?

The first thing you should know about me is that I’m not a fear monger. That may be surprising given my involvement with legacy planning, which is related to fear because the association with death. The simple reason why I don’t subscribe to fear-based motivation is because it’s not effective, at least not long term, and it certainly isn’t constructive.
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Legacy Planning Is a Journey, Too

Legacy Planning Is a Journey, Too

It’s certainly well known and by now is probably bordering on the cliché: “Life is a journey, not a destination. “ But over usage hasn’t changed the basic meaning of the phrase. While there are a number of nuanced interpretations, basically life’s journey is simply how life – and the person living the life — progresses from one situation to another, filled with circumstances, positive and negative, effortless and challenging, successful and unfortunate.
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You Are Your Legacy

You Are Your Legacy

“Be the change you wish to see in the world.” The quote is attributed to Ghandi in his fight for non-violent independence. But to me, it is an inspiration for a parenting style that I very strongly believe in. Whatever you want your children to be, you must be those things first. Children learn in a number of ways. One of the main methods of learning is by modeling. Your children watch what you and other adults around them do. They, then, copy or “model” the behavior. It’s why a child will mime Mom putting on lipstick or Dad shaving.
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The Importance of Legacy Planning for Women

The Importance of Legacy Planning for Women

You know I believe legacy planning is important for every adult who has any assets (and I don’t mean only money). You probably have personal property. You probably have memories of how life was when you were a child or life situations that should be shared. You could get ill or incapacitated and will need someone to make decisions for you. And, yes, no matter what – you will die. These reasons apply to just about everyone – male or female. But there are actually some specific reasons women should be part of planning decisions or, if they are single, should have their own plans:
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Five Mistakes Made by the Ultra-Wealthy to Avoid

Five Mistakes Made by the Ultra-Wealthy to Avoid

We generally assume that someone who has a lot of money must be really smart about money. Maybe. But according to “Rich Habits” author Tom Corley, who spent five years studying the habits of rich people, they don’t always know better. Here are five of the mistakes he and other wealth managers found that rich people make. Some may sound familiar to you. Some may be surprising.
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